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.) (Nov 2020)1,870(+4%)
Revenue (FY, 2017)£24.3 M(+200%)
Cybersecurity ratingAMore

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)
34 Great Marlborough St, Carnaby
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SumUp Financials and Metrics

Summary Metrics

Founding Date

2011

SumUp total Funding

$425.8 m

SumUp latest funding size

$370.27 m

Time since last funding

a year ago

SumUp investors

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
GBPFY, 2012

Financial Leverage

2 x
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SumUp Acquisitions / Subsidiaries

Company NameDateDeal Size
GoodtillNovember 19, 2020
ShoploFebruary 12, 2019
paylevenApril 27, 2016

SumUp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

SumUp Online and Social Media Presence

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SumUp News and Updates

SumUp acquires London-based Goodtill

Global payments service provider SumUp today is announcing it has acquired leading POS software provider Goodtill for an undisclosed amount, in a move that underlines SumUp’s long-term commitment to the growth and development of its restaurant and hospitality sectors.

SumUp obtains e-money licence from the Central Bank of Ireland

Global payments service provider SumUp (www.sumup.ie) today confirms it has received a new e-money licence from the Central Bank of Ireland, the country's financial services regulator.

SumUp inks gift card partnership with Google My Business

UK-based payments service provider SumUp, today announces a partnership with Google - which will ena...

SumUp backs local businesses with gift cards on Instagram and Facebook

UK-based payments service provider SumUp today announces a new experience to enable customers to sup...

SumUp releases new tool to help businesses go cashless

UK-based payments service provider SumUp is launching today an online payment tool to help businesse...

SumUp to offer free mobile payments to EU merchants

As Europe moves into COVID-19 lockdown - affecting small businesses and retailers everywhere -...
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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 1,870 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 £13 k.

  • Who are SumUp competitors?

    Competitors of SumUp include Arroweye Solutions, iZettle and Usio.

  • Where is SumUp headquarters?

    SumUp headquarters is located at 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.