SumUp
Founded Year
2012Stage
Line of Credit | AliveTotal Raised
$2.13BValuation
$0000Last Raised
$100M | 2 mos agoRevenue
$0000About SumUp
SumUp operates as a financial technology company. The company specializes in mobile card readers, solo card readers, and more. It provides a product suite of tailor-made business tools created specifically for the micro and nano segment. It was formerly known as Ka-Ching Payments. It was founded in 2012 and is based in Wilmington, Delaware.
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ESPs containing SumUp
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The invoice payment automation market offers efficient and streamlined solutions for automating the invoice payment process. Invoice payment automation refers to the use of technology to automate various tasks involved in invoice processing and payment, such as invoice capture, approval workflows, and payment execution. Solutions in this market leverage advanced technologies like optical character…
SumUp named as Leader among 15 other companies, including Stripe, Coupa, and GoCardless.
SumUp's Products & Differentiators
Card reader
Merchants can use card readers to accept card transactions, we offer different models of card readers based on merchants' needs.
Research containing SumUp
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned SumUp in 6 CB Insights research briefs, most recently on Oct 12, 2022.
Oct 4, 2022 report
The Fintech 250: The most promising fintech companies of 2022
Sep 13, 2022
3 retail tech trends to watch in Q3’22
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 6 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
1,560 items
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Unicorns- Billion Dollar Startups
1,227 items
SMB Fintech
1,647 items
Payments
2,779 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
12,418 items
Excludes US-based companies
Fintech 250
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
SumUp Patents
SumUp has filed 4 patents.
The 3 most popular patent topics include:
- Banking technology
- Payment systems
- Banks
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/3/2021 | Electronic circuits, Tires, Printed circuit board manufacturing, Payment systems, Banking technology | Application |
Application Date | 8/3/2021 |
|---|---|
Grant Date | |
Title | |
Related Topics | Electronic circuits, Tires, Printed circuit board manufacturing, Payment systems, Banking technology |
Status | Application |
Latest SumUp News
Sep 22, 2023
Global fintech SumUp has launched 7AM payouts in the UK, a feature giving merchants near-instant access to their money. As the UK cost of living crisis persists, SumUp has responded by “working with merchants to ensure they get their money faster, to help manage cash... Read More
SumUp Frequently Asked Questions (FAQ)
When was SumUp founded?
SumUp was founded in 2012.
Where is SumUp's headquarters?
SumUp's headquarters is located at 1209 Orange Street , Wilmington.
What is SumUp's latest funding round?
SumUp's latest funding round is Line of Credit.
How much did SumUp raise?
SumUp raised a total of $2.13B.
Who are the investors of SumUp?
Investors of SumUp include Victory Park Capital, b2venture, Crestline Investors, Centerbridge Partners, Sentinel Dome Partners and 24 more.
Who are SumUp's competitors?
Competitors of SumUp include Atoa, Viva Wallet, NearPay, Treinta, SimplyPayMe and 14 more.
What products does SumUp offer?
SumUp's products include Card reader and 4 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare SumUp to Competitors
Hash operates a financial technology platform. It enables companies to create and test payment and other financial solutions. It provides non-financial business-to-business (B2B) enterprises wishing to offer banking services with payment infrastructure. The company was founded in 2017 and is based in Sao Paulo, Brazil.
QFPay offers a mobile payment solution. It uses a card reader to allow merchants to receive payments using the reader and a mobile phone. It was founded in 2011 and is based in Kowloon, Hong Kong.
Jusp provides a mobile payment platform. The Jusp card reader can connect via a mini jack to any smart device and is compatible with any device to manage applications. The company accepts all major credit card networks, its prepaid cards, circuits of international debt V-Pay, Visa Electron, Maestro/Cirrus and the circuit of national debt Pagobancomat.
Mswipe provides point-of-sale (POS) solutions for all types of payment acceptance. Its solutions include cards, wallets, mobile payment applications, and quick response (QR) payments. The company was founded in 2011 and is based in Mumbai, India.
FIN-PAY's technology provides small, mid-market and enterprise clients with a simple, cost-effective and fast payment technology that allows unified payments across cards, QR, crypto, SMS, BNPL and digital assets.
Stripe operates as a financial technology company. It offers an online payment processing platform that securely accepts credit card payments. It allows users to accept payments, send payouts, and manage businesses online. It offers solutions such as revenue and financial automation, Banking-as-a-service, and more for marketplaces, electronic commerce (e-commerce) companies, and more. Stripe was formerly known as DevPayments. The company was founded in 2010 and is based in South San Francisco, California.
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