What is SumUp's business focus and history?

SumUp is a funded company based in London (United Kingdom), founded in 2012 by Daniel Klein and Marc-Alexander Christ. It operates as a financial technology company providing payment solutions, including card readers, point-of-sale systems, and online payment services, primarily for small and medium-sized businesses. SumUp has raised approximately $3.56 billion in total funding across equity and debt financing rounds since its founding. The company has 158 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like Square, iZettle, and Stripe.

SumUp Corporate Details & Core Services

SumUp is a global financial technology company that provides payment solutions, including card readers, point-of-sale systems, and online payment services, primarily for small and medium-sized businesses.

SumUp Contact Information & Official Links

Website https://www.sumup.com
Social        
Email id [email protected]
Head office address London, , United Kingdom
Tags Financial Technology Payment Processing Point of Sale

What are SumUp's Key Business Metrics & Stats?

No of employees 3000
Founded year 2012
Type private
SAICS CODE 7389
NAICS Code 522320
Industry Financial Technology
Location London, United Kingdom
Subsidiary Company fivestars.com
Other website sumup.co.uk, sumup.de, sumup.fr, sumup.es, sumup.it
Pricing Strategy Pay-as-you-go, Subscription
SumUp Firmographic Snapshot 2026 2012 Founded Year 3000 Global Employees United Kingdom Headquarters FinancialTechnology Industry Private Type Verified by DexterAgent.ai

How much funding has SumUp raised to date?

Name Description
Funding Amount USD 895 Million
Stage Debt Financing
Latest Valuation 9.2 Billion (USD)
Lead Investor Goldman Sachs
Investors Goldman Sachs, Temasek, Bain Capital Credit, Crestline, Oaktree Capital Management

What are SumUp's Core Products?

Name Description
SumUp Air A Bluetooth card reader that pairs with smartphones for accepting payments.
SumUp Solo A standalone touchscreen card reader with 4G connectivity.
SumUp POS Point-of-sale systems for managing sales and inventory.
SumUp Kiosk Self-service kiosks for customer orders and payments.
SumUp Connect Loyalty and rewards program for customer engagement.

What are the latest developments at SumUp?

Date Type Description
February, 2025 Product Launch SumUp launches self-service kiosk to boost revenue and reduce costs for US merchants.
May, 2024 Product Launch SumUp launches new loyalty and rewards program in the United States.

What industry awards and recognitions has SumUp received?

Date Type Description
January, 2023 Diversity Award Recognized as a Top Global Employer for inclusion by the Stonewall Workplace Equality Index.
March, 2025 Diversity Award Awarded Fintech Diversity Initiative of the Year at the Irish National Fintech Awards.

SumUp VS Square VS Zettle by PayPal VS Stripe : 2026 Comparison

Feature SumUp Square Zettle by PayPal Stripe
Core Strengths SumUp Air, SumUp Solo, SumUp POS, SumUp Kiosk, SumUp Connect Square Reader, Square Stand, Square Register, Square Terminal, Square Online, Square Appointments, Square Payroll, Square Capital Zettle Reader, Zettle Point of Sale Stripe Payments, Stripe Billing, Stripe Connect, Stripe Terminal, Stripe Issuing, Stripe Radar, Stripe Atlas, Stripe Tax, Stripe Identity, Stripe Climate
Founded Year 2012 2009 2010 2010
Stock Name/Ticker SQ (NYSE)
Type private public private private
Global Employees 3000 11372 485 11000
Revenue (Annual) $600 Million(2025) $7.7 Billion(2024)   $5.1 Billion(2024)
Headquarters London, United Kingdom San Francisco, California, United States Stockholm, Sweden South San Francisco, California, United States
Latest Valuation $9.2 Billion $29 Billion $2.2 Billion $50 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Square 7.7 | 11372 Stripe 5.1 | 11000 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name SumUp Payments Limited
Cin number
GST number
Registration number

Who is in SumUp's executive leadership team?

Name Designation
CEO Niall Mac an tSionnaigh
Co-Founder Daniel Klein
Co-Founder Marc-Alexander Christ

Where are SumUp's primary office locations?

City Country
Berlin Germany
Boulder United States
Sofia Bulgaria
Amsterdam Netherlands
São Paulo Brazil
Dublin Ireland

What are the current business signals and market intelligence for SumUp?

Spending next 3 months Product Development, Market Expansion, Customer Acquisition
Pain points High Transaction Fees, Complex Payment Systems, Limited Access to Financial Services
Sales motion Direct Sales, Online Sales
Buyer Persona Small Business Owners, Retail Managers
Type of customer Small Businesses, Medium Businesses
Key customer domain smallbusiness.com
Annual ACV $500 - $5,000

What is SumUp's annual revenue history?

Year Revenue (USD)
2025 600 Million

What are SumUp's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 4.2
Glassdoor Rating 4.2

What are SumUp's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App Yes
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
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