SumUp Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 3,567

Employees

  • Latest Deal Type
  • 2ndary - Private
  • (Upcoming)

  • Investors
  • 40

SumUp General Information

Description

Developer of a mobile point-of-sale device designed to perform card transactions simply, securely and cost-effectively. The company's device offers a card reader that accepts magstripe, chip, and contactless payments, enabling small and medium businesses to pair the card readers with any mobile device or tablet and start transacting.

Contact Information

Website
www.sumup.com
Formerly Known As
KA-CHING Payments
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 16-20 Shorts Gardens
  • London WC2H 9US
  • England, United Kingdom
Primary Industry
Other Hardware
Other Industries
Financial Software
Vertical(s)
SaaS, Mobile Commerce, FinTech, B2B Payments, Mobile
Corporate Office
  • 16-20 Shorts Gardens
  • London WC2H 9US
  • England, United Kingdom

SumUp Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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SumUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
20. Secondary Transaction - Private Upcoming Generating Revenue
19. Debt Refinancing 14-May-2024 Completed Generating Revenue
18. Later Stage VC 11-Dec-2023 Completed Generating Revenue
17. Secondary Transaction - Private 10-Nov-2023 Completed Generating Revenue
16. General Corporate Purpose 09-Aug-2023 Completed Generating Revenue
15. Debt - General 01-Feb-2023 Completed Generating Revenue
14. Later Stage VC 23-Jun-2022 Completed Generating Revenue
13. Later Stage VC 01-Apr-2022 Completed Generating Revenue
12. Debt - General 31-Dec-2021 $36.5M $148M Completed Generating Revenue
11. Secondary Transaction - Private $112M Completed Generating Revenue
To view SumUp’s complete valuation and funding history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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SumUp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile point-of-sale device designed to perform card transactions simply, securely and cost-effectively.
Other Hardware
London, United Kingdom
3,567 As of 2024

Stockholm, Sweden
 

London, United Kingdom
 
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SumUp Competitors (15)

One of SumUp’s 15 competitors is Zettle, a Formerly VC-backed company based in Stockholm, Sweden.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Zettle Formerly VC-backed Stockholm, Sweden
Dojo (Financial Services) Venture Capital-Backed London, United Kingdom
myPOS (London) Private Equity-Backed London, United Kingdom
Clover Network Formerly VC-backed Sunnyvale, CA
Miura Systems Venture Capital-Backed High Wycombe, United Kingdom
You’re viewing 5 of 15 competitors. Get the full list »

SumUp Patents

SumUp Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230041934-A1 Coin cell bracket Active 03-Aug-2021
US-12046764-B2 Coin cell bracket Active 03-Aug-2021
US-20230229871-A1 Microprocessor as a security layer Active 24-Sep-2020
US-20230206211-A1 Communication system and display synchronization Pending 24-Sep-2020
US-20230259722-A1 Secure cover with tamper resistant landing area Active 24-Sep-2020 G06K7/0091
To view SumUp’s complete patent history, request access »

SumUp Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SumUp Investors (40)

Investor Name Investor Type Holding Investor Since Participating Rounds
Kailuana Growth/Expansion Minority
Katalista Ventures Accelerator/Incubator
LIQUiDITY Group Lender/Debt Provider Minority
Sixth Street Partners Growth/Expansion Minority
Bain Capital Tech Opportunities Growth/Expansion Minority
You’re viewing 5 of 40 investors. Get the full list »

SumUp Investments & Acquisitions (15)

SumUp’s most recent deal was a Seed Round with Trezy (Business/Productivity Software) for . The deal was made on 13-Jan-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Trezy (Business/Productivity Software) 13-Jan-2023 Seed Round Business/Productivity Software
Mondu 12-Jan-2023 Early Stage VC Financial Software
marta (Elder and Disabled Care) 25-Aug-2022 Seed Round Other Healthcare Services
Five Stars Loyalty 13-Oct-2021 Merger/Acquisition Media and Information Services (B2B)
Mondu 12-Oct-2021 Seed Round Financial Software
You’re viewing 5 of 15 investments and acquisitions. Get the full list »

Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Tiller (Business/Productivity Software) Paris, France 2014
Five Stars Loyalty San Francisco, CA 2011

SumUp FAQs

  • When was SumUp founded?

    SumUp was founded in 2011.

  • Where is SumUp headquartered?

    SumUp is headquartered in London, United Kingdom.

  • What is the size of SumUp?

    SumUp has 3,567 total employees.

  • What industry is SumUp in?

    SumUp’s primary industry is Other Hardware.

  • Is SumUp a private or public company?

    SumUp is a Private company.

  • What is the current valuation of SumUp?

    The current valuation of SumUp is .

  • What is SumUp’s current revenue?

    The current revenue for SumUp is .

  • How much funding has SumUp raised over time?

    SumUp has raised $2.75B.

  • Who are SumUp’s investors?

    Kailuana, Katalista Ventures, LIQUiDITY Group, Sixth Street Partners, and Bain Capital Tech Opportunities are 5 of 40 investors who have invested in SumUp.

  • Who are SumUp’s competitors?

    Zettle, Dojo (Financial Services), myPOS (London), Clover Network, and Miura Systems are some of the 15 competitors of SumUp.

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