Details

Last Funding Type

Series D

Last Funding Money Raised

€10M

Industries

Credit Cards,Financial Services,FinTech,Mobile Payments,Point of Sale

Founded date

Jan 1, 2011

Number Of Employee

1001 - 5000

Operating Status

Active

SumUp is a financial technology company that enables businesses to accept card payments at the Point-of-Sale or on the go in a simple, secure, and cost-effective way.

It offers an end-to-end EMV card acceptance solution built on proprietary hardware and mobile apps. This unique offering enabled SumUp to rapidly expand into 16 markets, including the U.S., Brazil, and Germany, making it the mPOS company with the largest global footprint. The company has gone on to develop a full suite of SDKs and APIs for third parties to integrate card payments into their mobile apps. SumUp has been backed by renowned investors, including Groupon, BBVA Ventures, Holtzbrinck Ventures, and American Express. In April 2016 SumUp has merged with the mPOS company payleven to create the global leader in mobile payment.

The London, England-based fintech company was established by Stefan Jeschonnek, Marc-Alexander Christ, Daniel Klein, Petter Made, and Jan Deepen in 2011.