SumUp's €1.5B Funding Round: A Game-Changer for Fintech

May 4, 2024, 3:31 pm
Goldman Sachs
Goldman Sachs
Location: United States, New York
Employees: 1-10
SumUp
SumUp
BusinessFinTechOnlineServiceStoreTechnology
Location: United Kingdom, England, London
Employees: 1001-5000
Total raised: $3.93B
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.