SumUp provides a mobile point-of-sale application designed to help in card transaction. 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.
Type
Private
HQ
London, GB
Founded
2011
Size (employees)
504 (est)+6%
SumUp was founded in 2011 and is headquartered in London, GB
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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

SumUp Office Locations

SumUp has offices in Greater London, London, Dublin and Berlin
London, GB (HQ)
52 Broadwick Street
Greater London, GB
34 Great Marlborough St
Greater London, GB
32 Great Marlborough St
Berlin, DE
Paul-Lincke-Ufer 39/40
Dublin, IE
Hospitality House, 16-20 South Cumberland Street
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SumUp Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$44.3 m

Latest funding size

$11.29 m

Time since last funding

3 years ago

Investors

SumUp's latest funding round in June 2015 was reported to be $11.3 m. In total, SumUp has raised $44.3 m
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SumUp Financials

SumUp's revenue was reported to be £4.76 m in FY, 2016 which is a 39.4% increase from the previous period.
GBP

Revenue (FY, 2016)

4.8 m

Revenue growth (FY, 2015 - FY, 2016), %

39.4%

Gross profit (FY, 2016)

4.8 m

Gross profit margin (FY, 2016), %

100%

Net income (FY, 2016)

(31.4 k)

Cash (31-Dec-2016)

4.8 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

822 k885 k1.8 m4.8 m

Revenue growth, %

103%39%

Cost of goods sold

1 k8 k10.5 k871

Gross profit

821 k877 k1.8 m4.8 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

420 k1.3 m2.4 m4.8 m

Current Assets

630 k781 k1.5 m2.6 m5.1 m

PP&E

5 k4 k1.7 k2.6 k

Goodwill

871
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(180 k)(13 k)(368 k)(36.6 k)(31.4 k)

Cash From Operating Activities

(297 k)33 k361.5 k2.4 m

Cash From Financing Activities

731 k807 k662 k(871 )

Net Change in Cash

420 k835 k1 m2.4 m
GBPY, 2016

Revenue/Employee

33.9 k

Financial Leverage

2.9 x
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SumUp News and Updates

Payments Landscape in Chile Opportunities and Risks to 2021

ReportsWeb.com published “Payments Landscape Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Posted via Industry Today. Follow us on Twitter @IndustryT…
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