Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$44.29M in 5 Rounds from 10 Investors
Headquarters:
London, England
Description:
SumUp is a European mobile point-of-sale (mPOS) company that facilitates the acceptance of card payments.
Founders:
, , , ,
Categories:
Mobile Payments, Credit Cards, Mobile
Website:
https://sumup.co.uk/
Social:

Company Details

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SumUp is a European mobile point-of-sale (mPOS) company that facilitates the acceptance of card payments. It provides an mPOS chip and PIN solution built on proprietary end-to-end EMV payment technology, terminal hardware, and mobile applications.

The SumUp card terminal and its app allow merchants to accept credit and debit cards, using their smartphones and tablets.

The company is authorized as a payment institution by the Financial Conduct Authority (FCA) and is Europay, MasterCard, Visa, and PCI-DSS certified.

SumUp is backed by American Express, Groupon, BBVA Ventures, and other renowned venture capital investors.

SumUp was co-founded by Marc-Alexander Christ, Daniel Klein, Petter Made, Stefan Jeschonnek, and Jan Deepen in 2011 and is headquartered in London, United Kingdom with presence in Germany, Russia, and Brazil.

Funding Rounds (5) - $44.29M

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2015€10M / Series D3
Aug, 2014$13M / Series C3
Jul, 2013undisclosed amount / Series B2
Aug, 2012$20M / Series A4
May, 2012undisclosed amount / Venture1

Acquisitions (1)

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DateAcquiredAmount
Apr 27, 2016Unknown

Current Team (7)

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Competitors (1)

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  • Square is a merchant services aggregator and mobile payment company that aims to simplify commerce through technology.

Offices/Locations (1)

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  • SumUp Payments Limited

    52 Broadwick Street

    London, England

    United Kingdom

Past Team (1)

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Images (1)

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