OverviewSuggest Edit

SumUp provides a mobile point-of-sale application designed to help in card transactions. The Company's end-to-end payments platform offers a card terminal to accept credit and debit cards, using smartphones or tablets, in a secure and cost-effective way, enabling small merchants to accept card payments.
TypePrivate
Founded2011
HQLondon, GB
Websitesumup.co.uk

Latest Updates

Employees (est.) (May 2020)1,651(+5%)
Revenue (FY, 2017)£24.3 M(+200%)

Key People/Management at SumUp

Daniel Klein

Daniel Klein

Founder and CEO
Klaus Hommels

Klaus Hommels

Investor
Stefan Jeschonnek

Stefan Jeschonnek

Co-Founder and CMO
Marc Christ

Marc Christ

Co-Founder and CSO
Jan Deepen

Jan Deepen

Co-Founder and CCO
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SumUp Office Locations

SumUp has an office in London
London, GB (HQ)
32-34 Great Marlborough St, Carnaby
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SumUp Financials and Metrics

Summary Metrics

SumUp's latest funding round in July 2019 was reported to be $370.3 m. In total, SumUp has raised $425.8 m
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SumUp Revenue

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SumUp's revenue was reported to be £24.29 m in FY, 2017 which is a 199.9% increase from the previous period.
GBP

Revenue (FY, 2017)

24.3m

Revenue growth (FY, 2016 - FY, 2017), %

199.9%

Gross profit (FY, 2017)

3.5m

Gross profit margin (FY, 2017), %

14.4%

Net income (FY, 2017)

1.7m

EBITDA (FY, 2017)

1.7m

EBIT (FY, 2017)

1.7m

Cash (31-Dec-2017)

10.8m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

822.0k885.0k1.8m8.1m24.3m

Revenue growth, %

8%103%350%200%

Cost of goods sold

1.0k8.0k10.5k3.2m20.8m

Gross profit

821.0k877.0k1.8m4.8m3.5m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

420.0k1.3m2.4m4.9m10.8m

Accounts Receivable

13.5m

Current Assets

630.0k781.0k1.5m2.6m5.2m24.7m

PP&E

5.0k4.0k1.7k2.7k3.6k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(180.0k)(13.0k)(368.0k)(36.6k)(32.0k)1.7m

Cash From Operating Activities

(297.0k)33.0k361.5k2.1m6.1m

Cash From Financing Activities

731.0k807.0k662.0k300.2k(129.7k)

Net Change in Cash

420.0k835.0k1.0m2.4m5.9m
GBPY, 2017

Revenue/Employee

85.6k

Financial Leverage

7.4 x
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SumUp Acquisitions / Subsidiaries

Company NameDateDeal Size
ShoploFebruary 12, 2019
paylevenApril 27, 2016

SumUp Online and Social Media Presence

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SumUp News and Updates

SumUp to offer free mobile payments to EU merchants

As Europe moves into COVID-19 lockdown - affecting small businesses and retailers everywhere -...

SumUp to issue payment card for merchants

SumUp, the UK-based financial technology company, has today announced the launch of its first-ever c...

SumUp launches Mastercard-powered ‘SumUp Card’ for business payments

SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, is launching its own pre-paid card in partnership with Mastercard. Dubbed “SumUp Card,” the new offering will enable merchants to gain quicker to access funds collected via SumUp as…

Caution Your Blast and SumUp cut the costs of handling contactless donations

More than 400 charities have signed up to a new service that slashes the cost of setting up contactl...

Penta moves to service mid-cap sector with SumUp partnership

The Berlin Fintech Penta is today announcing its partnership with the card reader giant, SumUp.

Penta, Berlin-based banking innovator, announces partnership with SumUp, card reader giant, to support offline businesses

Today Penta, the Berlin-based banking alternative aimed at SMEs and startups, announces its partnership with the card reader giant, London-based SumUp. The move is a bid by Penta to attract more offline traditional businesses, such as restaurants, craftsman, healthcare and architects. Penta, founded…
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SumUp Frequently Asked Questions

  • When was SumUp founded?

    SumUp was founded in 2011.

  • Who are SumUp key executives?

    SumUp's key executives are Daniel Klein, Klaus Hommels and Stefan Jeschonnek.

  • How many employees does SumUp have?

    SumUp has 1,651 employees.

  • What is SumUp revenue?

    Latest SumUp annual revenue is £24.3 m.

  • What is SumUp revenue per employee?

    Latest SumUp revenue per employee is £14.7 k.

  • Who are SumUp competitors?

    Competitors of SumUp include Arroweye Solutions, iZettle and 360 Payment Solutions.

  • Where is SumUp headquarters?

    SumUp headquarters is located at 32-34 Great Marlborough St, Carnaby, London.

  • Where are SumUp offices?

    SumUp has an office in London.

  • How many offices does SumUp have?

    SumUp has 1 office.