Tag "Sumup"
SumUp Secures €285 Million Funding Round Amidst Global Fintech Fluctuations
SumUp, a London-based fintech company with German and Swiss origins, has recently raised approximately €285 million (around US$307 million) in growth funding. This funding comes at a time when the fintech market is experiencing notable fluctuations, making SumUp’s successful capital
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SumUp Secures New US$100 Million Credit Facility
Global fintech company SumUp announced today that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp to provide advance payments
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SumUp Selects Form3 for UK Payments to Boost Growth
SumUp, the financial partner for over 4 million businesses worldwide, has selected Form3, the cloud-native account-to-account payments platform, to provide direct access into the UK Faster Payments Scheme (FPS) and Bacs Scheme to further enhance its business account offering for
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SumUp Enables JCB Card Acceptance for Its European Merchants
SumUp, a London-based global payments service provider, has tied up with Japan-based card scheme JCB International to enable the acceptance of JCB Cards across its European merchant network. The enablement of JCB Card will allow SumUp’s merchants in Europe, which
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SumUp Raises 590 Million Euro
SumUp has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds
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Payments Firm SumUp Acquires Fivestars for US$317 Million
SumUp, a London-based global payments service provider, announced the acquisition of Fivestars, America’s commerce network that combines a marketing platform with integrated payments, for US$317 million in a mix of cash and stock. The acquisition will enable both companies to
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SumUp und N26 kooperieren für bargeldlose Zahlungslösungen für Selbständige
SumUp hat eine Partnerschaft mit der mobilen Bank N26 verkündet. Die beiden Branchenpioniere wollen Freiberuflern, Selbstständigen und UnternehmerInnen in ganz Europa dabei helfen, einfach und flexibel bargeldlose Zahlungen zu akzeptieren. Die Kooperation zwischen N26 und SumUp basiert auf der gemeinsamen
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Payments Provider SumUp Raises €750 Million in Debt Facility
London-based global payments service provider SumUp announced that it has raised a €750 million facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management. The current round was oversubscribed due to high demand from
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15 Most Valuable Fintech Startups and Companies in Europe
The fintech ecosystem in Europe is steadily maturing with adoption of digital financial services continuing to grow and key enablers, including consumer acceptance, number of information and communication technologies (ICT) specialists and easiness to start new businesses, evolving positively, according
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mCashier von SIX versus Sumup von UBS / Verwirrung um Paymit-Integration
mCashier die SIX Bezahllösung für den Handel konnte vor Kurzem neben der St.Galler KB auch die Zürcher Kantonalbank als Vertriebspartner gewinnen. Die Lösung versteht sich wohl als direkte Konkurrenz zur mehrfach ausgezeichneten Lösung von Sumup/UBS. Beide Lösungen verwandeln ein Tablet/Smartphone
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