About SumUp
SumUp is a Technology company based in London (United Kingdom) founded in 2012 by Jan Deepen, Stefan Jeschonnek, Daniel Klein, Marc Alexander Christ, and Petter Made. It operates in the Technology and Financial Services sectors. SumUp has raised $996.66 million across 17 funding rounds from investors including American Express, Goldman Sachs and Deutsche Bank. The company has 4,535 employees. SumUp has completed 5 acquisitions, including Finwy, FiveStars and Paysolut. SumUp was last valued at $8.5 billion in December 2024. Its chief executive, as recorded, is Daniel Klein. Its website sumup.com draws about 7.1 million monthly visits. SumUp offers products and services including Country Selector. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity is SUMUP MG APS.
Company details
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.
- Headquarters London, United Kingdom
- Employees 4,535
- Founders Jan Deepen, Stefan Jeschonnek, Daniel Klein, Marc Alexander Christ, Petter Made
- Stage Unicorn
- SectorsTechnologyFinancial Services
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website sumup.com/en-us
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Sumup Mg Aps
- Total Equity Funding$996.66M (USD)
in 17 rounds
- Latest Funding Round$60M (USD), Debt – Conventional
May 2025
- InvestorsAmerican Express
& 54 more
- Employee Count4,535
- Investments & AcquisitionsFinwy
& 4 more
Products & Services of SumUp
SumUp offers a comprehensive portfolio of products and services, including Country Selector.
Feature for selecting regions and countries for services
Apps and channels of SumUp
SumUp publishes 1 mobile app with over 10M+ downloads; its YouTube channel Inside SumUp has 408 subscribers and 30 videos.
Videos from SumUp
The most watched videos on SumUp's YouTube channel, Inside SumUp (408 subscribers). Click a video to play it here.
More on Inside SumUp.
Funding Insights of SumUp
SumUp has successfully raised a total of $996.66M 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.
- Total Funding $996.66M
- Total Rounds 17
- Last Round Debt – Conventional — $60M
- Investors Count 55
Latest 10 of 17 funding rounds of SumUp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $60M | Debt – Conventional | – | – | – |
| May 2024 | $1.6B | Debt – Conventional | – | – | |
| Dec 2023 | $306.56M | Series E | – | Bain Capital, Sixth Street | |
| Aug 2023 | $100M | Debt – Conventional | – | – | |
| Jun 2022 | Debt – Conventional | – | – | ||
| Jun 2022 | $621.67M | Series E | $8.43B | Bain Capital | |
| Mar 2021 | $894.93M | Debt – Conventional | – | – | |
| Jul 2019 | $371.79M | Debt – Conventional | – | – | |
| Jun 2017 | Series D | – | U-Start | – | |
| Feb 2016 | $10M | Series D | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $8.43B | •••••••• |
Full valuation and stage history of SumUp
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $8.5B (Dec 2024). 55 investors in total: 54 institutional and 1 angel.
Investors in SumUp
SumUp has secured backing from 55 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include American Express, Goldman Sachs and Deutsche Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debt and equity investments are pursued across multiple sectors. | 1984 | baincapital.com | Boston, United States | |
Venture capital firm focused on fintech and B2B SaaS companies | fin.capital | San Francisco, United States | ||
Private equity and debt investments are managed across multiple sectors. | sixthstreet.com | San Francisco, United States | ||
Blank check and private debt firm focused on multiple sectors | 2007 | victoryparkcapital.com | Chicago, United States | |
Venture capital is provided to innovative startups by b2venture. | b2venture.vc | St. Gallen, Switzerland | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Credit investments are managed in loans, bonds, and distressed assets. | baincapitalcredit.com | Boston, United States | ||
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors | 1995 | oaktreecapital.com | Los Angeles, United States | |
Tailored investment solutions are provided across private and liquid credit. | 2007 | hpspartners.com | New York, United States |
Investor details for SumUp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of SumUp
523 people are tracked at SumUp (107 in leadership, 416 in team); the tracked headcount is 4,535.
| Name | Role | Group |
|---|---|---|
Jan Deepen | Co-Founder | Leadership |
Stefan Jeschonnek | Co-Founder | Leadership |
Daniel Klein | Co-Founder & CEO | Leadership |
Marc Alexander Christ | Co-Founder | Leadership |
Guadalupe Lim | Co-CEO | Leadership |
Petter Made | Co-Founder | Leadership |
Alessandro Celio | Talent Acquisition Partner - Field Sales | Leadership |
Tomer Sabag | Chief Hardware Officer | Leadership |
Yana Tanova | Tech Talent Acquisition Partner | Leadership |
Lina Hoelker | Head Of Central Product Operations | Leadership |
Natalie B. | People Development Partner | Leadership |
Carlos Grieco | CEO Brazil | Leadership |
Peter Silé | Interim Chief People Officer | Leadership |
Idriss Mrani Alaoui | Director, Merchant Care | Leadership |
Andreas Stein | VP Of Engineering - Global Expansion | Leadership |
Felizitas Lichtenberg | Global Head Of Diversity And Inclusion, Wellbeing And ESG | Leadership |
Martin Blenke | VP CRM Infrastructure | Global Platform Tribe Co-lead | Leadership |
Pierre Lion | Global Director Of Enterprise Sales | Leadership |
Niall Mac an tSionnaigh | COO | Leadership |
Martin Fröhlich | VP Engineering - Growth Tribe Lead | Leadership |
503 more people are available in the full profile.
Complete people profiles for SumUp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by SumUp
SumUp has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Finwy, FiveStars and Paysolut.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Banking services for payments and loans are provided in Latvia. | Latvia | 0 | Jul 2022 | •••• | ||
Provider of customer loyalty program which integrates with merchant POS systems | fivestars.com | San Francisco, United States | 2011 | Oct 2021 | $317M | |
Cloud-based POS solutions are provided for bars and restaurants. | tillersystems.com | Paris, France | 2014 | Feb 2021 | •••• | |
Mobile banking channels are enabled for banks via integrated applications. | paysolut.com | London, United Kingdom | 2017 | Feb 2021 | •••• | |
Cloud-based POS solutions are provided for retail and hospitality businesses. | thegoodtill.com | London, United Kingdom | 2013 | Nov 2020 | •••• |
Complete acquisition details for SumUp
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SumUp
9 dated milestones of SumUp across 13 years, from founding to its latest funding, stage changes and deals.
- Founded SumUp is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Acquisition Acquires The Good Till.
- Acquisition Acquires Paysolut.
- Acquisition Acquires Tiller.
- Acquisition Acquires FiveStars.
- Acquisition Acquires Finwy.
- Funding Latest funding round, Debt – Conventional, of $60.0M.
Web traffic of SumUp
The website of SumUp (sumup.com) receives about 7.1M visits a month and ranks #7,253 among all websites worldwide, #460 in Finance.
- Monthly visits7.1M
▼ 4.9% vs previous month
- Unique visitors2.7M
per month
- Global rank#7,253
among all websites
- Category rank#460
Finance · Finance
- Bounce rate45%
- Pages per visit4.1
- Average visit3 min 51 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with SumUp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nexi.it | 100% | 8.1M | #5,520 | View details | |
| infinitepay.io | 97% | 20.3M | #3,940 | View details | |
| stone.com.br | 91% | 2.9M | #18,793 | View details | |
| neon.com.br | 91% | 1.4M | #57,427 | View details | |
| creditmutuel.fr | 91% | #3,734 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SumUp
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Related news about Sumup
Complete news archive for SumUp
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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 CEO of SumUp, as recorded in our data. They have also founded this company.
SumUp is a funded company, having raised a total of $996.66M across 17 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Jun 2012.
SumUp has 4,535 employees.
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 offers Country Selector.
SumUp has 55 investors. Key investors include American Express, Goldman Sachs, Deutsche Bank, AllianceBernstein, and Apollo Global Management.
The valuation of SumUp is $8.5B as of Dec 2024.
SumUp operates through Sumup Mg Aps.
Yes. SumUp publishes SumUp: Payments and POS, with over 10 million downloads.