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SumUp is a mobile point of sale (mPOS) company. With the SumUp device, merchants and small businesses can accept credit and debit cards, using their smartphones or tablets in a simple, secure and cost-effective way.
PRODUCTS & SERVICES
Sumup offers mobile EMV point-of-sale (mPOS) In Europe. The company has created an unique device that allows users to transact by pairing with their smartphone at any place. The company also provides suite of APIs and SDKs for integrating SumUp payment into other apps and services. The company has received regulatory certification such as PCI PTS V4.0 Certified, SRED EMV Level 1 & Level 2 certificates Mastercard Pay Pass, Visa Pay Wave, American Express Expresspay MasterCard TQM MasterCard TIP, Visa ADVT certified Visa Ready certified
Company makes out money by charging fixed fee of 1.9% per transaction.
VALUATION / MARKET CAP:
$300 M in 2015
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company is planning use the fund to roll-out and creation of new contactless payment technologies and services. (Aug. 2015)
SEED CLOSED ON
SERIES A · $20 M · Aug 2012
SERIES B · --- · Jul 2013
SERIES C · $13 M · Aug 2014
SERIES D · $11.32 M · Jun 2015
OTHERS · $11.24 M · Jun 2017
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