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.
| Type | Private | |
| Founded | 2011 | |
| HQ | London, GB | Map |
| Website | sumup.co.uk |
Key People/Management at SumUp
Daniel Klein
Founder and CEO
Klaus Hommels
Investor
Stefan Jeschonnek
Co-Founder and CMO
Marc Christ
Co-Founder and CSO
Jan Deepen
Co-Founder and CCO
SumUp Office Locations
SumUp has an office in London
London, GB (HQ)
34 Great Marlborough St, Carnaby
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 | Groupon, LLC, BBVA Ventures, Shortcut Ventures GmbH, Tengelmann Ventures, American Express Ventures, HV Holtzbrinck Ventures, Klaus Hommels, TA Ventures, Venture Incubator, BBVA, U-Start, Rancilio Cube, btov Partners, HPS Investment Partners, Goldman Sachs Private Capital Investing, H14, TPG Sixth Street Partners (TSSP), Bain Capital Credit |
SumUp's latest funding round in July 2019 was reported to be $370.3 m. In total, SumUp has raised $425.8 m
SumUp Revenue
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 |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|
Revenue | 822.0k | 885.0k | 1.8m | 8.1m | 24.3m |
Revenue growth, % | 8% | 103% | 350% | 200% | |
Cost of goods sold | 1.0k | 8.0k | 10.5k | 3.2m | 20.8m |
Gross profit | 821.0k | 877.0k | 1.8m | 4.8m | 3.5m |
| GBP | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|
Cash | 420.0k | 1.3m | 2.4m | 4.9m | 10.8m | |
Accounts Receivable | 13.5m | |||||
Current Assets | 630.0k | 781.0k | 1.5m | 2.6m | 5.2m | 24.7m |
PP&E | 5.0k | 4.0k | 1.7k | 2.7k | 3.6k |
| GBP | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|
Net Income | (180.0k) | (13.0k) | (368.0k) | (36.6k) | (32.0k) | 1.7m |
Cash From Operating Activities | (297.0k) | 33.0k | 361.5k | 2.1m | 6.1m | |
Cash From Financing Activities | 731.0k | 807.0k | 662.0k | 300.2k | (129.7k) | |
Net Change in Cash | 420.0k | 835.0k | 1.0m | 2.4m | 5.9m |
| GBP | FY, 2012 |
|---|---|
Financial Leverage | 2 x |
SumUp Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Goodtill | November 19, 2020 | |
| Shoplo | February 12, 2019 | |
| payleven | April 27, 2016 |
SumUp Cybersecurity Score
SumUp Online and Social Media Presence
5.84k Twitter followers
SumUp has 5.84k Twitter Followers. The number of followers has increased 1.7% month over month and increased 8.7% quarter over quarter
SumUp's Trends
Twitter Engagement Stats for @sumup
5.1k
Tweets
710
Following
5.8k
Followers
106
Tweets last 30 days
2.6
Avg. likes per Tweet
65.1%
Tweets with engagement
SumUp News and Updates
November 19, 2020
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.
November 10, 2020
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.
June 30, 2020
SumUp inks gift card partnership with Google My Business
UK-based payments service provider SumUp, today announces a partnership with Google - which will ena...
June 03, 2020
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...
May 26, 2020
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...
March 20, 2020
SumUp to offer free mobile payments to EU merchants
As Europe moves into COVID-19 lockdown - affecting small businesses and retailers everywhere -...
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.
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