SumUp's €1.5B Funding Round: A Game-Changer for Fintech
May 4, 2024, 3:31 pm
This week, SumUp, a global fintech company, raised a whopping €1.5 billion in an oversubscribed round led by Goldman Sachs. Founded in 2012, SumUp provides financial services to millions of small businesses, supporting over 4 million merchants in 36 markets across the globe. The company has seen positive EBITDA since December 2022 and has experienced steady growth over the past decade. With new investors on board, SumUp is poised to seize global growth opportunities and continue its mission of empowering small businesses to thrive.