SumUp

London, United Kingdom Founded: 2012 • Age: 14 yrs
Provider of mPOS solution and card reader for offline retailers
Annual revenue - Latest available
Total funding $994.3M 17 rounds
Employees - Tracked headcount
Investors 39 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About SumUp

SumUp is a company based in London (United Kingdom) founded in 2012 by Jan Deepen, Stefan Jeschonnek, Daniel Klein, and Marc Alexander Christ. SumUp has raised $994.33 million across 17 funding rounds from investors including American Express, Goldman Sachs and Deutsche Bank. SumUp has completed 5 acquisitions, including Finwy, FiveStars and Paysolut. SumUp offers products and services including Country Selector. SumUp operates in a competitive market with competitors including Billtrust, Paymentus, Ingenico, PayStand and PayLease, among others.

  • Headquarter London, United Kingdom
  • Founders Jan Deepen, Stefan Jeschonnek, Daniel Klein, Marc Alexander Christ
  • Stage Unicorn
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sumup Mg Aps
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $994.33 M (USD)

    in 17 rounds

  • Latest Funding Round
    $60 M (USD), Debt – Conventional

    May 19, 2025

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Finwy

    & 4 more

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Products & Services of SumUp

SumUp offers a comprehensive portfolio of products and services, including Country Selector.

Product name locked
Category locked
Primary

Feature for selecting regions and countries for services

People of SumUp

Headcount 1000-5000
Employee Profiles 518
Board Members and Advisors 3
Employee Profiles
People
Clayton Schuetz
Strategic Sales Manager
People
Alessandro Celio
Talent Acquisition Partner - Field Sales
People
Julien S.
Engineering Manager
People
Mostafa Mohamed
Senior Data Engineer

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Board Members and Advisors
people
Marc-Alexander Christ
Co-Founder
people
Jan Deepen
Co-Founder

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Funding Insights of SumUp

SumUp has successfully raised a total of $994.33M across 17 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $60 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in SumUp

SumUp has secured backing from 39 investors, including venture fund and institutional investors. Prominent investors backing the company include American Express, Goldman Sachs and Deutsche Bank.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Debt and equity investments are pursued across multiple sectors.
Locked Locked Locked
Venture capital firm focused on fintech and B2B SaaS companies
Locked Locked Locked
Private equity and debt investments are managed across multiple sectors.
Locked Locked Locked
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Investor details for SumUp

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SumUp

SumUp has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Finwy, FiveStars and Paysolut.

Investments
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Investment portfolio details for SumUp

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile banking channels are enabled for banks via integrated applications.
Locked Locked 2017 Locked
Cloud-based POS solutions are provided for bars and restaurants.
Locked Locked 2014 Locked
Cloud-based POS solutions are provided for retail and hospitality businesses.
Locked Locked 2013 Locked
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Complete acquisition details for SumUp

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - SumUp

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Detailed financials for SumUp

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Sumup Comparisons

SumUp Primary company
Description
Provider of mPOS solution and card reader for offline retail...
Location
London, United Kingdom
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SumUp

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of SumUp

SumUp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Billtrust, Paymentus, Ingenico, PayStand and PayLease, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Invoice and payment management solutions are offered for small businesses.
Locked Locked Locked
Comprehensive billing and payment solution provider
Locked Locked Locked
POS hardware and software solutions are provided to businesses.
Locked Locked Locked
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
Locked Locked Locked
Payment solutions are offered to the property management sector.
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Detailed competitors of SumUp

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Sumup

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Complete news archive for SumUp

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about SumUp

SumUp was founded in 2012.

SumUp is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Daniel Klein is the current CEO of SumUp. They have also founded this company.

SumUp is a funded company, having raised a total of $994.33M across 17 funding rounds to date.

Provider of mPOS solution and card reader for offline retailers. It features an app and a card reader for accepting payments from customers. The merchant enters the order details in the app which are transferred to the card reader. Application is made available on Android and iOS platforms.

SumUp's top competitors include Paymentus, Billtrust and Ingenico.

SumUp offers Country Selector.

SumUp has made 5 acquisitions, including Finwy, FiveStars, and Paysolut.

SumUp has 39 investors. Key investors include American Express, Goldman Sachs, Deutsche Bank, AllianceBernstein, and Apollo Global Management.

The valuation of SumUp is $8.43B as of Jun 2022.

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