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General Information

Offices

Dublin Office
Hospitality House
16-20 South Cumberland Street
Dublin, 2, IRL
Berlin Office
Paul-Lincke-Ufer 39/40
Berlin, 10999, DEU

People

Founder and CEO
Co-founder and CSO
Co-founder and COO
Co-founder and CMO
Co-founder and CCO
Investor

Funding

TOTAL $20M
FUNDING TOTAL $20M
Venture Round, 5/2012
TA Venture
Series A, 8/2012
b-to-v Partners AG
Shortcut Ventures GmbH
Tengelmann Ventures
Klaus Hommels
$20M
Series B, 7/2013
BBVA Ventures
American Express
Groupon

Service Providers

Tags

SumUp

SumUp is the leading mobile point-of-sale (mPOS) company in Europe, set to revolutionize the global payments market.

With SumUp’s solution, merchants accept credit and debit cards, using their smartphones or tablets, in a simple, secure and cost-effective way. SumUp’s mobile card acceptance solution is built on proprietary end-to-end EMV payment gateway technology, terminal hardware and mobile applications. SumUp only charges a fee of 1.95% per card transaction.

The company is authorised as a Payment Institution by the Financial Conduct Authority (FCA) and is Europay, MasterCard, and Visa (EMV) and PCI-DSS certified, ensuring that payments are processed in accordance with the highest security standards.

Launched in August 2012, SumUp expanded into 11 countries across Europe and is now expanding globally with a team of over 140 people from 26 nations. The company has major offices in London, Berlin, Dublin, and Moscow. SumUp is backed by American Express, BBVA Ventures, Groupon and other renowned venture capital investors.

Recent Milestones

Videos

Above:

SumUp in action

Added: 7/9/13
Above:

SumUp demoing at FinovateEurope 2013

Added: 3/13/14

Screenshots

SumUp screenshot
Above: SumUp Screenshot -- #1
Uploaded: 4/11/13

Sources

  1. Citation Needed [add]
  2. Make Way For Another European Square: SumUp Launches With $20M+ In Backing (techcrunch.com) [edit]
  3. SumUp Receices Investment From Baba Ventures (finsmes.com) [edit]
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Last Edited 4/3/14

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