- Funding Received
- $33 Million in 4 Rounds from 8 Investors
- Most Recent Funding
- $13 Million Series C on August 13, 2014
- SumUp is a mobile point-of-sale (mPOS) company based in Europe, enabling debit and credit card payments through smart phones or tablets.
- Jan Deepen, Stefan Jeschonnek, Petter Made, Daniel Klein, Marc Christ
- Credit Cards, Mobile Payments, Mobile
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.
Current Team (6)Update
Funding Rounds (4) - $33MUpdate
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