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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.
Social
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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
Post Money Valuation
$8.6B as on Dec 11, 2023
Ranked
Employee Count
4,103 as on Apr 30, 2026
Investment & Acquisitions
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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:lockFilter 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
-
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SumUp's founders and board of directors

Founder? Claim Profile
The 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:

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

SumUp's employee count trend

SumUp has 4,103 employees as of Apr 26. Here is SumUp's employee count trend over the years:
Employee count trend for SumUp
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SumUp
SumUp
2012, Wilmington (United States), Series E
Provider of card payment terminals and point of sale systems
$997M
81/100
2nd
Logo for Teya
Teya
2019, London (United Kingdom), Series C
Provider of card payment terminals and integrated business financial software
$845M
73/100
3rd
Logo for Clover
Clover
2010, Mountain View (United States), Acquired
Provider of point-of-sale solutions for restaurants, retail, and services
$8.75M
73/100
4th
Logo for Ezetap
Ezetap
2011, Bengaluru (India), Acquired
Cloud-based mPOS software and hardware solutions for businesses
$66.4M
72/100
5th
Logo for Lakala
Lakala
2005, Hong Kong (China), Public
POS payment acceptance solution for businesses
$350M
70/100
6th
Logo for Verifone
Verifone
1981, Alpharetta (United States), Acquired
Provider of end-to-end payment solutions for retail, fuel, and hospitality
-
70/100
7th
Logo for Union PoS
Union PoS
2009, Austin (United States), Series B
PoS suite for bars
$22M
62/100
8th
Logo for Epos Now
Epos Now
2011, Orlando (United States), Funding Raised
Provider of POS systems for offline businesses
-
-
58/100
9th
Logo for EMS
EMS
1987, Cleveland (United States), Acquired
Provider of payment processing platform, terminals, and related business solutions
-
-
58/100
10th
Logo for TRAY
TRAY
2013, Scottsdale (United States), Seed
Offers POS solutions for the restaurants and service industry
$2M
58/100
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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:lockFilter 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)
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Reports related to SumUp

Here is the latest report on SumUp's sector:

News related to SumUp

lockFilter this list
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 invites bank pitches for Europe IPOElectronic Payments InternationalMar 11, 2026SumUp
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FAQs about SumUp

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