Founded Year

2012

Stage

Line of Credit - II | Alive

Total Raised

$4.107B

Last Raised

$62.06M | 2 mos ago

Revenue

$0000 

Mosaic 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.

Headquarters Location

1209 Orange Street

Wilmington, Delaware, 19801,

United States

888-250-2164

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ESPs containing SumUp

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

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.

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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.

Expert 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).

S

Store tech (In-store retail tech)

1,796 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

U

Unicorns- Billion Dollar Startups

1,276 items

S

SMB Fintech

1,648 items

P

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.

F

Fintech

13,978 items

Excludes US-based companies

F

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
patents chart

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

Dublin receives consumer spending boost from sold-out Dua Lipa Aviva Stadium gig

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.

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