sumup

SumUp taps €285M more in growth funding to weather the fintech storm

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the

SumUp’s valuation falls as low as $4.1B, as Groupon and others sell off their stakes

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. But it’s not the only one facing the music in

Daily Crunch: London-based SumUp pins $8.5B valuation with $624M debt-equity round 

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

SumUp raises $624M at $8.5B valuation, with its payments and business tech now used by 4M SMBs

A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company has expanded

European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M

SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition i

SumUp raises $895M in debt to double down on its B2C payments business

SumUp, a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up

SumUp launches Mastercard-powered ‘SumUp Card’ for business payments

SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, is launching its own pre-paid card in partnership with Mastercard. Dubbed “

Penta, the German business banking challenger, partners with SumUp to target offline businesses

Penta, the Berlin-based business banking challenger that also now operates in Italy, has partnered with BBVA-backed card reader company SumUp in a bid to attract more offline businesses. Up until rece

UK military veteran launches crowd-funding for Pixie app to revive local stores

What if, instead of sitting on your phone on the sofa ordering stuff from Amazon, you could buy the same things locally from local stores that ultimately enliven and enrich your local neighborhood? Wh

SumUp acquires ‘multi-channel’ e-commerce platform Shoplo

SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, has acquired “multi-channel” e-commerce platform Shoplo. Terms of the

SumUp co-founders are back with bookkeeping AI startup Zeitgold

The next time you go to your favorite restaurant or cocktail bar, talk with the manager about bookkeeping. Chances are that they’ll tell you that they waste a ton of time collecting and recording va

SumUp and Payleven merge as European ‘Square clones’ consolidate

Some consolidation afoot in the world of mobile payments: today Groupon- and BBVA-backed SumUp and Rocket Internet’s Payleven — two of the several European startups that cropped up in the

European Mobile Payment Startup SumUp Discloses A Total $45M In Funding

In the rush of companies crowding into the mobile payment space, a startup out of Europe has announced more funding to grow its footprint and add contactless hardware. SumUp, a startup originally f

Price War? mPOS Startup SumUp Cuts Its 2.75% Per Transaction Fee Across Europe

Back in July, iZettle launched a reducing per transaction fee that could drop as low as 1.5% for U.K. business processing more than £15,000 per month via its mobile card readers. That move looks to h

SumUp, One Of Europe’s Many Mobile Payments Startups, Launches In Russia — Now Operating In 11 Markets

SumUp, one of the myriad European Square-style mobile card reader startups, has expanded its coverage footprint by rolling into an 11th European market: Russia. SumUp is now operational in the U.K., G

European M-Payments Startup SumUp Partners With Revel Systems, An iPad POS Provider, For Its Push Into Europe

SumUp, one of the many European mobile card reader startups targeting small businesses -- and taking advantage of Square’s continued absence to acquire users and build out a business -- has taken an

Mobile Payments Startup SumUp Adds Support For American Express Payments In 8 Of Its 10 European Markets

SumUp, one of the many European mobile card reader startups, is adding support for American Express. Its mobile card reader system already accepts MasterCard and Visa payments but today the startup sa

German Square Competitor, SumUp, Partners With Odd Job Software Platform To Tap Into Pool Of 10,000 Repair People

For the myriad European mobile card reader startups taking advantage of Square's continued absence in the region, the race to build out their businesses continues. The latest step for Berlin-based mob

SumUp, Another European Square, Expands To 3 More Markets: France, Belgium, Portugal — Now Taking Payments In 10 Markets

SumUp, another Square-style mobile payment dongle that launched in Europe in August backed by more than $20 million from b-to-v Partners, Shortcut Ventures, Tengelmann Ventures and Klaus Hommels, is c

Another Mobile Card Reader Startup Cozies Up To Cabbies: Germany’s SumUp Inks Deal With Local Taxi Hailing App, Taxi.de

In the increasingly crowded mobile payment card-reader space, it's not just technology that's being cloned. In the scramble to build traction and outrun the pack, startups are borrowing each others' b
Load More