
SumUp
Founded Year
2012Stage
Line of Credit - II | AliveTotal Raised
$4.107BLast Raised
$62.06M | 2 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-23 points in the past 30 days
About SumUp
SumUp is a financial technology company that provides payment processing and point-of-sale solutions for small businesses. It offers products including card readers, POS systems, and financial management tools to facilitate transactions and manage business operations. SumUp serves small to medium-sized enterprises across sectors such as retail and food and beverage. SumUp was formerly known as Ka-Ching Payments. It was founded in 2012 and is based in Wilmington, Delaware.
Loading...
ESPs containing SumUp
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The virtual payment terminals market refers to web-based payment solutions that allow merchants to accept electronic payments without physical payment hardware. These platforms provide secure payment processing with fraud prevention capabilities and typically integrate with e-commerce systems and shopping carts. Virtual payment terminals primarily serve online businesses and remote merchants who n…
SumUp named as Challenger among 15 other companies, including Adyen, Fiserv, and PayPal.
SumUp's Products & Differentiators
SumUp Solo Lite
Our card readers, like SOLO Lite, are also a major milestone. They’re portable, affordable, and designed for merchants who are always on the go. We’ve also developed business accounts that allow merchants to manage their finances, pay suppliers, and track income, all in one place.
Loading...
Research containing SumUp
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned SumUp in 6 CB Insights research briefs, most recently on Jan 18, 2024.

Jan 18, 2024 report
State of Fintech 2023 Report
Oct 4, 2022 report
The Fintech 250: The most promising fintech companies of 2022
Sep 13, 2022
3 retail tech trends to watch in Q3’22Expert Collections containing SumUp
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SumUp is included in 7 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
1,796 items
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Unicorns- Billion Dollar Startups
1,276 items
SMB Fintech
1,648 items
Payments
3,198 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
13,978 items
Excludes US-based companies
Fintech 100
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
SumUp Patents
SumUp has filed 9 patents.
The 3 most popular patent topics include:
- payment systems
- banking technology
- payment service providers

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
9/24/2021 | 9/17/2024 | Payment systems, Cryptocurrencies, Mobile payments, Banking technology, Payment service providers | Grant |
Application Date | 9/24/2021 |
---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Payment systems, Cryptocurrencies, Mobile payments, Banking technology, Payment service providers |
Status | Grant |
Latest SumUp News
Jul 3, 2025
Dublin receives consumer spending boost from sold-out Dua Lipa Aviva Stadium gig The number of transactions made with merchants across Dublin city last Friday (June 27) rose by two-thirds (65.5 per cent) when Dua Lipa performed at the Aviva Stadium . Data from fintech SumUp shows that Dublin merchants saw a 70.4 per cent increase in total payment volume per business when the British pop star came to town. Taxis notably experienced a 46.6 per cent increase in payment volume as transactions rose 86.2 per cent while tourism business also saw surges in both in both transaction volume (+53.9 per cent) and spending (+130.9 per cent), pointing to an influx of out-of-town visitors. Restaurants, cafés, and food vendors benefitted from the increased footfall, with food trucks and carts experiencing a 31.2 per cent increase in payment volume and a 39.8 per cent rise in transactions. Cafés and restaurants registered 18 per cent and 32.8 per cent growth, respectively. Business Bulletin Lipa herself was pictured 'splitting the G' at O'Donoghues pub close to the Aviva with fiance Callum Turner and friends following her largest Irish gig to date. The 'Illusion' singer was in a celebratory mood after selling out five stadiums in a row on her Radical Optimism tour, sharing as much with her 90 million Instagram followers. “5 SOLD OUT STADIUMS IN A ROW!!!! ONLY ONE WAY TO CELEBRATE!!!! BY SPLITTING THE G!!!!!!" she said under a video of herself drinking a pint of Guinness. SumUp said the findings highlight the value that live events bring to local economies. “Live events are more than cultural moments, they represent huge economic opportunities for local surrounding businesses," said Gabriel Destremaut, global communications strategist at SumUp. Dua Lipa performs onstage during her Radical Optimism tour at Aviva Stadium. (Pic: Charles McQuillan/Getty Images) "This summer has seen large numbers of Irish and international stars take to stage across Ireland, and the results of such events speak for themselves. "Large-scale events like this concert show how new opportunities can emerge when cities invest in experiences that bring people together - our job at SumUp is to ensure that these local businesses have the tools in place to capture this momentum.” Photo: Dua Lipa performs onstage during her Radical Optimism tour at Aviva Stadium. (Pic: Charles McQuillan/Getty Images) ___
SumUp Frequently Asked Questions (FAQ)
When was SumUp founded?
SumUp was founded in 2012.
Where is SumUp's headquarters?
SumUp's headquarters is located at 1209 Orange Street, Wilmington.
What is SumUp's latest funding round?
SumUp's latest funding round is Line of Credit - II.
How much did SumUp raise?
SumUp raised a total of $4.107B.
Who are the investors of SumUp?
Investors of SumUp include Oaktree Capital Management, BlackRock, Goldman Sachs Asset Management, Vista Credit Partners, Apollo Global Management and 32 more.
Who are SumUp's competitors?
Competitors of SumUp include Melio, CloudWalk, Dojo, Tide, Kleo and 7 more.
What products does SumUp offer?
SumUp's products include SumUp Solo Lite and 4 more.
Who are SumUp's customers?
Customers of SumUp include Deb Dobney-Cobb, Aidan Conway and Arlene Wedgbury.
Loading...
Compare SumUp to Competitors

Hash operates a financial technology platform. It enables companies to create and test payment and other financial solutions. It provides non-financial business-to-business (B2B) enterprises wishing to offer banking services with payment infrastructure. The company was founded in 2017 and is based in Sao Paulo, Brazil.

PayU is a company in global payments and fintech, focusing on enabling local and cross-border payments as well as providing financial services. The company offers a payment platform that facilitates online payment processing and payment gateway services. PayU primarily serves sectors such as e-commerce, hospitality, and marketplace solutions. It was founded in 2002 and is based in Hoofddorp, Netherlands. PayU operates as a subsidiary of Naspers.

Ingenico is a company focused on payment acceptance and services within the financial technology sector. It offers a range of products including smart terminals, a cloud-based payments platform, and terminal management solutions. Ingenico also provides services such as advanced payment methods, buy now pay later options, digital receipts, and omnichannel services. It was founded in 1980 and is based in Suresnes, France.

Veem offers a payment platform for businesses to send and receive money globally. It provides flexible digital payments, competitive exchange rates, payment tracking, and workflow automation. It serves various industries such as e-commerce, freelancers, manufacturing, and others. The company was formerly known as Align Commerce. It was founded in 2014 and is based in San Francisco, California.

NearPay provides payment infrastructure solutions within the fintech sector. The company offers a software development kit (SDK) that allows merchants to accept in-person NFC card payments. NearPay's services include transaction processes for businesses, offering purchase, refund, and reconciliation functionalities. It was founded in 2020 and is based in Riyadh, Saudi Arabia.

Mswipe offers mobile POS solutions that enable merchants to accept various card payments using compact, wireless devices without the need for a bank account or paper charge slips. Mswipe primarily caters to the needs of small enterprises with mainstream financial services and digital commerce. It was founded in 2011 and is based in Mumbai, India.
Loading...