SumUp - About the company
SumUp is a series E company based in Wilmington (United States), founded in 2012 by Daniel Klein, Marc Alexander Christ and Stefan Jeschonnek. It operates as a Provider of card payment terminals and point of sale systems. SumUp has raised $997M in funding from investors like Bain Capital, U-Start and VI Partners, with a current valuation of $8.6B. The company has 503 active competitors, including 43 funded and 65 that have exited. Its top competitors include companies like Teya, Clover and Ezetap.
Sectors and market segments that SumUp operate in
SumUp serves in the FinTech market segments.The primary business model of SumUp is:Company Details
Provider of card payment terminals and point of sale systems. These hardware and software tools facilitate transaction processing for merchants. The offerings include mobile card readers, self-service kiosks, and digital invoicing capabilities. Merchants utilize these tools to accept contactless payments and manage financial records. The system integrates with mobile applications to support business operations and order processing.
- Website
- www.sumup.com/en-us/
- Email ID
- *****@sumup.com
- Phone Number
- +1 **********
- Registered Address
- 28 PANGFIELD PARK,COVENTRY,CV5 9NL
Key Metrics
Founded Year
2012
Location
Wilmington, United States
Stage
Series E
Total Funding
$997M in 17 rounds
Latest Funding Round
Post Money Valuation
$8.6B as on Dec 11, 2023
Investors
Ranked
1st among 503 active competitors
Employee Count
4,103 as on Apr 30, 2026
Legal entities associated with SumUp
SumUp is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SumUp Inc. CIN: 47-3947957 , United States, Active | Oct 21, 2022 | - | 51 (As on Dec 31, 2022) | - |
SumUp Payments Limited CIN: 7836562 , Germany, Active | Nov 06, 2011 | $70.9K (As on Dec 31, 2018) | 43 (As on Dec 31, 2023) | |
SUMUP LIMITED CIN: 5394570 , United Kingdom, Active | Mar 15, 2005 | - | 2 (As on Oct 31, 2025) | |
SUMUP LIMITED CIN: 852307487 , France, Active | - | - | - | |
SUMUP MG APS CIN: 36730099 , Denmark, Active | - | 25 (As on Dec 31, 2023) | ||
SumUp Payments Pty Limited CIN: 645440722 , Australia, Active | - | - | - | |
SUMUP PAYMENTS LIMITED CIN: 7836562 , United Kingdom, Active | Nov 07, 2011 | - | 43 (As on Dec 31, 2023) |
Sign up to download SumUp's company profile
SumUp's funding and investors
SumUp has raised a total funding of $997M over 17 rounds. Its first funding round was on 2012. SumUp has 50 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of SumUp:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2025 | $60M | Conventional Debt | - | - | - | - |
May 01, 2024 | $1.6B | Conventional Debt | - | - | - | |
Dec 11, 2023 | $307M | Series E | $4.1B | - |
View details of SumUp's funding rounds and investors
SumUp's founders and board of directors
Founder? Claim ProfileThe founders of SumUp are Daniel Klein, Marc Alexander Christ and Stefan Jeschonnek. Daniel Klein and Andrew Helms are the CEOs of SumUp.
Here are the details of SumUp's key team members:
- Daniel Klein: Co-Founder & CEO of SumUp. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address
- Marc Alexander Christ: Co-Founder of SumUp. Contact Info: 1 email address
- Stefan Jeschonnek: Co-Founder of SumUp. Contact Info: 1 email address
SumUp's Board of Directors
SumUp's board has 6 active members. Daniel Klein and Luke Beavon are part of team and Hermione Mckee, Ken Victor Shanahan, Nikolai Riesenkampff and Michael John Williams are independent board members.Here is the list of SumUp's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 6m | |
Team | - | Current | 2y 6m | |
Independent board member | - | Current | 2y 6m | |
Independent board member | - | Current | 12y 9m | |
Independent board member | - | Current | 2y 5m | |
Independent board member | - | Current | 21y 2m |
View details of SumUp's Founder profiles and Board Members
SumUp's employee count trend
SumUp has 4,103 employees as of Apr 26. Here is SumUp's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
SumUp's Competitors and alternates
Top competitors of SumUp include Teya, Clover and Ezetap. Here is the list of Top 10 competitors of SumUp, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SumUp 2012, Wilmington (United States), Series E | Provider of card payment terminals and point of sale systems | $997M | 81/100 | |
2nd | Teya 2019, London (United Kingdom), Series C | Provider of card payment terminals and integrated business financial software | $845M | 73/100 | |
3rd | Clover 2010, Mountain View (United States), Acquired | Provider of point-of-sale solutions for restaurants, retail, and services | $8.75M | 73/100 | |
4th | Cloud-based mPOS software and hardware solutions for businesses | $66.4M | 72/100 | ||
5th | POS payment acceptance solution for businesses | $350M | 70/100 | ||
6th | Verifone 1981, Alpharetta (United States), Acquired | Provider of end-to-end payment solutions for retail, fuel, and hospitality | - | 70/100 | |
7th | Union PoS 2009, Austin (United States), Series B | PoS suite for bars | $22M | 62/100 | |
8th | Epos Now 2011, Orlando (United States), Funding Raised | Provider of POS systems for offline businesses | - | - | 58/100 |
9th | EMS 1987, Cleveland (United States), Acquired | Provider of payment processing platform, terminals, and related business solutions | - | - | 58/100 |
10th | TRAY 2013, Scottsdale (United States), Seed | Offers POS solutions for the restaurants and service industry | $2M | 58/100 |
Looking for more details on SumUp's competitors? Click here to see the top ones
SumUp's Investments and acquisitions
SumUp has made 1 investments in companies including marta. SumUp has also acquired 5 companies including Finwy and FiveStars.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 23, 2022 | Investments | 2020 | Berlin (Germany) | |
Jul 15, 2022 | Acquisition | |||
Oct 14, 2021 | Acquisition | 2011 | San Francisco (United States) |
See all acquisitions by SumUp
Reports related to SumUp
Here is the latest report on SumUp's sector:
News related to SumUp
Media has covered SumUp for a total of 23 events in the last 1 year, 14 of them have been about company updates and 3 about partnerships.
•
•
SumUp Expands Its Core Product Ecosystem to Empower Millions of U.S. Small BusinessesFintechmagazine•Apr 28, 2026•SumUp
•
•
•
Barclays and Sage Partner to Streamline Financial Management for Small BusinessesEuropaWire•Mar 17, 2026•Barclays, Sage, Aquis Exchange, SumUp
•
•
Form3 Expands Strategic Partnership With SumUp for Real-Time SEPA PaymentsFintech Finance•Feb 25, 2026•SumUp, Form3
•
SumUp Launches ‘Solo Lite’ Card Reader Targeting Mobile Merchants in the UKThe Fintech Times•Feb 14, 2026•SumUp
•
Zoomers and Millennials "ditch" alcoholic beveragesla Repubblica•Jan 16, 2026•Unione Italiana Vini, SumUp, NielsenIQ
•
SumUp hits $1 billion in depsots from 1.5 million active business account usersFinextra•Dec 10, 2025•SumUp
Are you a Founder ?
FAQs about SumUp
Explore our recently published companies
- Leeson - China based, 2019 founded, Unfunded company
- GCC Nexus - 2025 founded, Unfunded company
- FEiPU - Jing an based, 2021 founded, Unfunded company
- Shenzhen Jiale Technology - Shenzhen based, 2016 founded, Unfunded company
- 32Byte.cn - China based, 2024 founded, Unfunded company
- Goosfraba - Bucharest based, 2020 founded, Unfunded company