2 years ago
SumUp Secures €285 Million to Fuel Global Expansion
British fintech company SumUp has raised €285 million to expand its global footprint
The funding round was led by Sixth Street Growth and attracted financing from Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group
SumUp plans to use the financing to launch into additional markets
The latest capital injection brings SumUp’s total funding to over €1.79 billion since it was founded in 2012.
ProblemFinancial Services
"enabling small businesses to manage their financial transactions efficiently"
Solution
"SumUp provides a suite of tools for merchants including business accounts, online stores, invoicing, and point-of-sales registers"