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
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sumup Mg Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$994.33 M (USD)
in 17 rounds
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Latest Funding Round
$60 M (USD), Debt – Conventional
May 19, 2025
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Investors
American Express
& 38 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Feature for selecting regions and countries for services
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Software Development Team
203 people
Senior Team
57 people
Sales and Marketing
46 people
Human Resources and Administration
38 people
Leadership Team
23 people
Operations Team
17 people
Product Management Team
15 people
Data Analysis and Operations Team
8 people
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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.
- Total Funding Total Funding
- Total Rounds 17
- Last Round Debt – Conventional — $60.0M
- First Round First Round
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - SumUp | Valuation |
investors |
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| May, 2024 | Amount | Debt – Conventional - SumUp | Valuation |
investors |
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| Dec, 2023 | Amount | Series E - SumUp | Valuation | Bain Capital , Sixth Street |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on fintech and B2B SaaS companies
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SumUp
SumUp has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Finwy, FiveStars and Paysolut. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile banking channels are enabled for banks via integrated applications.
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2017 | ||||
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Cloud-based POS solutions are provided for bars and restaurants.
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2014 | ||||
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Cloud-based POS solutions are provided for retail and hospitality businesses.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SumUp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sumup Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
POS hardware and software solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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| domain | founded_year | HQ Location |
Payment solutions are offered to the property management sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sumup
Frequently Asked Questions about SumUp
When was SumUp founded?
SumUp was founded in 2012.
Where is SumUp located?
SumUp is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of SumUp?
Daniel Klein is the current CEO of SumUp. They have also founded this company.
Is SumUp a funded company?
SumUp is a funded company, having raised a total of $994.33M across 17 funding rounds to date. The company's 1st funding round was a Series E of $306.56M, raised on Jun 01, 2012.
What does SumUp do?
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.
Who are the top competitors of SumUp?
What products or services does SumUp offer?
SumUp offers Country Selector.
How many acquisitions has SumUp made?
Who are SumUp's investors?
SumUp has 39 investors. Key investors include American Express, Goldman Sachs, Deutsche Bank, AllianceBernstein, and Apollo Global Management.
What is SumUp's valuation?
The valuation of SumUp is $8.43B as of Jun 2022.
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