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Full-Time

Director of Partnerships

Posted on 6/18/2024

SumUp

SumUp

1,001-5,000 employees

Provides card payment solutions for SMBs

Fintech
Financial Services
Consumer Goods

Expert

London, UK

Category
Business Development
Business & Strategy
Required Skills
Sales
Requirements
  • 10+ years of Commercial background working with B2B Sales/Business Development, ideally in the Financial Services industry
  • Experience implementing change (building commercial frameworks, prioritising GTM, bringing structure)
  • Strong experience in managing, coaching, and leading regional (Europe) and large teams
  • Great analytical skills and strong business acumen
  • Self-driven, proactive, persistent, pragmatic, and have a can-do attitude
  • Enjoy solving complex problems, taking a broad and long term perspective to identify solutions
Responsibilities
  • Drive SumUp's Partnerships function across Europe by defining a vision and go-to-market strategy for the region
  • Analyse data and internal reports to refine sales strategies and grow the pipeline of potential partners
  • Foster collaboration with SumUp's Product & Engineering Tribes and play a key role in accelerating product delivery by making clear business cases and articulating merchant and partner needs to internal counterparts
  • Drive transparency, automation, and simplification of the sales process, optimising for revenue growth, pace-setting, and overall efficiency
  • Articulate and drive delivery of key content, like pitch-decks, case-studies, and representation on the website to position SumUp as an industry authority in ISV and Enterprise business
  • Actively work on the team culture of the Partnerships team, setting targets and facilitating team development

SumUp provides card payment solutions specifically designed for small to medium-sized businesses (SMBs). Their main product is a range of portable card readers that enable businesses to accept credit and debit card payments easily, whether they are at a fixed location or on the go. These card readers are user-friendly and cater to various types of businesses, from local shops to freelancers. SumUp differentiates itself from competitors by offering transparent pricing with no monthly fees or contracts, charging a flat rate of 2.75% per in-person transaction. This straightforward approach helps small businesses manage their costs without the worry of hidden fees. The goal of SumUp is to empower SMBs by providing them with secure and affordable payment solutions that facilitate their growth and allow them to accept card payments seamlessly.

Company Stage

N/A

Total Funding

$3.9B

Headquarters

London, United Kingdom

Founded

2012

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent €1.5 billion funding round led by Goldman Sachs indicates strong investor confidence and provides substantial capital for growth and innovation.
  • The introduction of new features like Direct Debits and the Loyalty and Rewards program demonstrates SumUp's commitment to continuously enhancing its product suite to meet merchant needs.
  • Partnerships with industry leaders like Adyen enhance SumUp's service offerings, making it a more attractive option for small businesses globally.

What critics are saying

  • The competitive fintech landscape requires SumUp to continuously innovate to maintain its market position.
  • Economic challenges faced by small businesses, such as inflation and rising costs, could impact SumUp's transaction volumes and revenue.

What makes SumUp unique

  • SumUp's transparent pricing model with no monthly fees or contracts sets it apart from competitors who often have hidden costs and long-term commitments.
  • The partnership with Adyen to offer same-day settlements provides a significant advantage in cash flow management for small businesses.
  • SumUp's focus on portable and user-friendly card readers makes it ideal for businesses operating in various environments, unlike traditional fixed-location payment solutions.
INACTIVE