SumUp provides card payment solutions for small and medium-sized businesses by selling portable card readers and handling the processing of credit and debit card payments. Its hardware plugs into( or connects to) mobile devices, enabling businesses to accept in-person card payments anywhere. Payments are processed through SumUpās system with a flat 2.75% fee per in-person transaction, and there are no monthly costs or long-term contracts, making pricing simple and predictable. The company differentiates itself with transparent pricing, no contracts, and a globally available service across markets including the US, UK, Germany, France, and other regions, pairing affordable hardware with straightforward processing. SumUpās goal is to help SMBs grow by giving them a secure, easy-to-use, and affordable way to take card payments anywhere.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$4.1B
Headquarters
London, United Kingdom
Founded
2012
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