When was SumUp founded?

SumUp was founded in 2012 and became a unicorn in 2019.

Where is SumUp located?

SumUp is headquartered in Wilmington, United States. It is registered at 28 PANGFIELD PARK,COVENTRY,CV5 9NL.

Who is the current CEO of SumUp?

Daniel Klein of SumUp. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is SumUp associated with?

SumUp is associated with SumUp Inc. and 6 others.

How many employees does SumUp have?

As of May 31, 2026, the latest employee count at SumUp is 4196.

Is SumUp a funded company?

SumUp is a funded company, having raised a total of $997M across 17 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on 2012.

How much is SumUp worth?

The latest valuation of SumUp is $8.6B as of Dec 11, 2023.

When was the latest funding round of SumUp?

SumUp's latest funding was a $60M Conventional Debt round on May 19, 2025, with participation from 0 investor.

Is SumUp a Payments company?

The primary sector of SumUp is Payments.

Where does SumUp rank among its competitors?

SumUp ranks 1st amongst 476 active competitors, of which 42 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SumUp, which secured $60M in May, 2025.

Who are the top competitors of SumUp?

SumUp's top competitors include Clover, Teya and Ezetap. Among them, SumUp secured the most recent funding round in May, 2025.

SumUp - 2026 Company Profile, Team, Funding, Competitors & Financials

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 476 active competitors, including 42 funded and 66 that have exited. Its top competitors include companies like Clover, Teya and Ezetap.

Sectors and market segments that SumUp operate in

SumUp serves in the FinTech market segments.The primary business model of SumUp is:

FinTech > Payments > ***** **** > ***** ******

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/
Social
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

Conventional Debt, May 19, 2025, $60M

Post Money Valuation

$8.6B as on Dec 11, 2023

Investors

Bain Capital & 51 more

Ranked

1^st among 476 active competitors

Employee Count

4,196 as on May 31, 2026

Investment & Acquisitions

marta & 4 more

Similar Companies

Pine Labs & 991 more

View SumUp's full profile

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	£0 - £1M (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)

SumUp has raised a total funding of $997M over 17 rounds. Its first funding round was on 2012. SumUp has 51 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	-	-	-	Goldman Sachs, AllianceBernstein, Apollo Global Management, Arini, Deutsche Bank, Fortress, Silverrockfs, Vista Equity Partners, BlackRock, Crestline, Oaktree Capital Management, Sentinel Dome Partners, Temasek, Liquidity Group
Dec 11, 2023	$307M	Series E	$4.1B	-	Bain Capital, Sixth Street	Fin Capital, Liquidity Group

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View details of SumUp's funding rounds and investors

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:

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
Daniel Klein	Team	-	Current	14y 7m
Luke Beavon	Team	-	Current	2y 8m
Hermione Mckee	Independent board member	-	Current	2y 7m
Ken Victor Shanahan	Independent board member	-	Current	12y 11m
Nikolai Riesenkampff	Independent board member	-	Current	2y 6m
Michael John Williams	Independent board member	-	Current	21y 3m

View details of SumUp's Founder profiles and Board Members

SumUp's employee count trend

SumUp has 4,196 employees as of May 26. Here is SumUp's employee count trend over the years:

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Top competitors of SumUp include Clover, Teya 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	SumUp 2012, Wilmington (United States), Series E	Provider of card payment terminals and point of sale systems	$997M	Deutsche Bank, G Squared & 50 others	82/100
2nd	Clover 2010, Mountain View (United States), Acquired	Provider of point-of-sale solutions for restaurants, retail, and services	$8.75M	Sutter Hill Ventures, Andreessen Horowitz ... & 5 others	74/100
3rd	Teya 2019, London (United Kingdom), Series C	Provider of card payment terminals and integrated business financial software	$845M	Tiger Global Management, Hedosophia & 13 others	73/100
4th	Ezetap 2011, Bengaluru (India), Acquired	Cloud-based mPOS software and hardware solutions for businesses	$66.4M	Social Capital, Helion Venture Partners & 43 others	72/100
5th	Lakala 2005, Hong Kong (China), Public	POS payment acceptance solution for businesses	$350M	Legend Capital, Hotung Investment Holdings ... & 9 others	70/100
6th	Verifone 1981, Alpharetta (United States), Acquired	Provider of end-to-end payment solutions for retail, fuel, and hospitality	-	Trinity Capital, Invictus Growth & 7 others	70/100
7th	JetPay 2011, Carrollton (United States), Acquired	Payment processor	$18.3M	Flexpoint Ford	62/100
8th	Union PoS 2009, Austin (United States), Series B	PoS suite for bars	$22M	Clerisy, Union Grove Venture Partners & 11 others	62/100
9th	Celero Commerce 2018, Nashville (United States), Acquired	Cloud-based business management software provider for SMBs	$8.4M	LLR Partners, Comvest Partners	62/100
10th	Epos Now 2011, Orlando (United States), Funding Raised	Provider of POS systems for offline businesses	-	-	58/100