SumUp's €1.5B Funding Round: A Game-Changer for Fintech
May 4, 2024, 3:31 pm
Location: United States, Tennessee, Nashville
Employees: 1001-5000
Founded date: 1967
Location: United States, New York
Employees: 1001-5000
Founded date: 1990
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.