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SumUp

Mobile card readers and POS for small businesses.
Fintech 📍 London, UK Founded 2012
Current Valuation
$8.5B
as of 2024-Q2
UNICORN
SumUp is a London- and Berlin-based payments fintech serving 4M+ small merchants across 36 countries with card readers, POS software, business banking, and online tools. Founded in 2012, the company raised €1.5B (~$1.6B) of private credit led by Goldman Sachs in May 2024 — one of the largest such deals in European fintech. Reported valuation: ~$8.5B.

Company Profile

CEO
Daniel Klein
Founded
2012
HQ
London, UK
Employees
~3300
Total Raised
$2.4B
Est. Revenue
$600M (2024)
Growth
~30% YoY
Last Round
Debt (Private Credit) — $1.6B (May 2024) · Lead: Goldman Sachs Asset Management
IPO Status
rumored

Founders & Key People

Daniel KleinMarc-Alexander ChristJan Deepen

Investors

Goldman Sachs Asset Management · Bain Capital Credit · Apollo Global Management · Deutsche Bank · SoftBank Vision Fund 2 · Bain Capital Tech Opportunities · Fin Capital · BlackRock

Products

  • Card reader (Air, Solo)
  • POS Lite
  • Invoices
  • Online store
  • Business account
  • SumUp Card

Competitors

Square · Stripe Terminal · Zettle (PayPal) · Adyen · Toast
FintechPaymentsDecacornSMB
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q2. Refreshed quarterly.