SumUp
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Founded Year
2011Stage
Debt - III | AliveTotal Raised
$2.03BValuation
$0000Last Raised
$312M | 2 mos agoRevenue
$0000About SumUp
SumUp is a financial technology company that allows businesses of all sizes to receive payments. Its platform allows businesses to accept card payments in-store, in-app, and online, in a simple, secure, and cost-effective way. The company was formerly known as Ka-Ching Payments. It was founded in 2011 and is based in London, England.
SumUp Headquarter Location
32-34 Great Marlborough Street
London, England, W1F 7JB,
United Kingdom
ESPs containing SumUp
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Omnichannel payments companies provide a comprehensive payment processing solution for businesses, allowing them to accept payments through multiple channels including online, mobile, and in-store. These platforms offer data integration across payments, marketing, and sales channels so that customers can shop and transact the same way both online and offline, giving businesses a unified view into …
SumUp named as Leader among 14 other companies, including Stripe, Pine Labs, and Clip.
Research containing SumUp
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned SumUp in 1 CB Insights research brief, most recently on Jun 27, 2022.
Expert Collections containing SumUp
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SumUp is included in 5 Expert Collections, including Store management tech (In-store retail tech).
Store management tech (In-store retail tech)
1,484 items
Startups aiming to work with retailers to improve brick-and-mortar retail store operations.
Unicorns- Billion Dollar Startups
1,180 items
SMB Fintech
1,145 items
Payments
2,323 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech
4,779 items
Track and capture company information and workflow.
Latest SumUp News
Aug 2, 2022
Illustration: Gabriella Turrisi/Axios SumUp, a London-based maker of point-of-sale payments solutions for small businesses, raised €590 million in equity and debt funding led by Bain Capital Tech Opportunities at an €8 billion valuation. Why it matters: This reflects softening valuations for European fintech, given reports from earlier this year that investors were floating a €20 billion mark for SumUp. Caveat: This is still a massive step-up for the company, which last raised equity funding in 2017. Or, put another way, SumUp isn't in the same boat as Swedish fintech Klarna — once Europe's most valuable startup with a $45 billion valuation, which now is said to be seeking new funds at around $15 billion. Details: The round was split evenly between equity and debt. Other investors include BlackRock, btov Partners, Centerbridge, Crestline, Fin Capital and Sentinel Dome Partners. The bottom line: "I can very comfortably say the €8 billion is a true and fair valuation, because that's the price people put on the company in the worst of markets... In this environment we think we will see good opportunities for M&A deals once people realize that money is not free any more." — SumUp CEO Marc-Alexander Christ to the FT Axios on facebook
SumUp Web Traffic
SumUp Rank
When was SumUp founded?
SumUp was founded in 2011.
Where is SumUp's headquarters?
SumUp's headquarters is located at 32-34 Great Marlborough Street, London.
What is SumUp's latest funding round?
SumUp's latest funding round is Debt - III.
How much did SumUp raise?
SumUp raised a total of $2.03B.
Who are the investors of SumUp?
Investors of SumUp include btov Partners, Crestline Investors, Sentinel Dome Partners, Bain Capital Tech Opportunities, Fin Capital and 21 more.
Who are SumUp's competitors?
Competitors of SumUp include mx51, Yabie, Treinta, Pine Labs, CITCON, Inai, Network Merchants, CloudWalk, Yoco, NewStore and 17 more.
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