SumUp
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SumUp

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    • Financial Servicesfintechpayments
    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.
    Revenue(FY, 2017)
    £24.3 M
    Total Funding
    $44.3 M
    TypePrivate
    HQLondon, GB
    Founded2011
    Size (employees)727 (est)+5%
    Websitesumup.co.uk
    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
    Show more

    SumUp Office Locations

    SumUp has an office in London
    London, GB (HQ)
    52 Broadwick Street
    Show all (1)
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    SumUp Financials and Metrics

    Summary Metrics

    Founding Date

    		2011

    SumUp total Funding

    		$44.3 m

    SumUp latest funding size

    		$11.29 m

    Time since last funding

    		4 years ago

    SumUp investors

    		Groupon, btov Partners, BBVA Ventures, Klaus Hommels, LLC, BBVA, Venture Incubator, Shortcut Ventures GmbH, Tengelmann Ventures
    SumUp's latest funding round in June 2015 was reported to be $11.3 m. In total, SumUp has raised $44.3 m
    View all funding rounds

    SumUp Revenue

    SumUp's revenue was reported to be £24.29 m in FY, 2017
    GBP

    Revenue (FY, 2017)

    		24.3m

    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, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

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

    Revenue growth, %

    		103%39%

    Cost of goods sold

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

    Gross profit

    		821.0k877.0k1.8m4.8m3.5m
    show all
    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
    show all
    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
    show all
    GBPY, 2017

    Revenue/Employee

    		85.6k

    Financial Leverage

    		7.4 x
    Show all financial metrics
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    Competitors

    iZettle
    Financial Services - Subsidiary
    Arroweye Solutions
    Financial Services - Private
    Payment Data Systems
    Financial Services - Public
    Mi-Pay
    Financial Services - Public
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    SumUp Online and Social Media Presence

    Embed Graph
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    SumUp News and Updates

    October 11, 2018

    SumUp launches standalone 3G card reader

    SumUp, the financial technology company that allows businesses of all sizes to receive payments quic...
    October 11, 2018

    UK payments startup SumUp launches a 3G-powered credit card reader

    SumUp, the London-based payments startup, today launched the SumUp 3G Reader — a card terminal that lets merchants process payments without the need for a mobile app or a constant Wi-Fi connection. Previous iterations of SumUp’s card reader hardware required users to tether the device to either a sm…
    March 19, 2018

    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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    SumUp Company Life and Culture

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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 727 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 £33.4 k.

    • Who are SumUp competitors?

      Competitors of SumUp include iZettle, Arroweye Solutions and Payment Data Systems.

    • Where is SumUp headquarters?

      SumUp headquarters is located at 52 Broadwick Street, London.

    • Where are SumUp offices?

      SumUp has an office in London.

    • How many offices does SumUp have?

      SumUp has 1 office.