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.) (Jul 2021)2,551
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

Founding Date

2011

SumUp total Funding

$425.8 m

SumUp latest funding size

$370.27 m

Time since last funding

2 years 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
PaysolutFebruary 02, 2021
GoodtillNovember 19, 2020
ShoploFebruary 12, 2019
paylevenApril 27, 2016

SumUp Online and Social Media Presence

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SumUp News and Updates

SumUp collaborates with Google Pay to allow merchants to make business transactions using SumUp Card

Global payments service provider SumUp today announces it has collaborated with Google Pay to allow merchants to make safer and quicker business transactions using SumUp Card.

SumUp appoints new CTO

Global payments service provider SumUp is today announcing the appointment of its new CTO, with Visual Meta Co-Founder and former CTO, Johannes Schaback, taking up the role as of May 1st.

London-based payments provider SumUp raises €750 million

Fresh off a number of recent acquisitions, London-based payments provider SumUp has recently raised €750 million. The oversubscribed round saw participation from existing backers Goldman Sachs, and Bain Capital Credit, and new investors Temasek, Crestline, and funds managed by Oaktree Capital Manage…

SumUp secures €750 million in debt financing

Global payments service provider SumUp (www.sumup.co.uk) announces today that it has raised a €750m facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, L.P..

SumUp, which helps businesses take card payments, raises $895M to double down on growth

SumUp, a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments and invoices — is itself powering up in a big way. Today it announced funding of €750 million (around $895 million at today’s rates), money that it will be using to …

SumUp acquires Lithuanian fintech Paysolut

The global payment service provider SumUp has acquired the core banking system provider Paysolut, founded in Lithuania.
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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 2,551 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 £9.5 k.

  • Who are SumUp competitors?

    Competitors of SumUp include Square, Arroweye Solutions and iZettle.

  • 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.