Tech Company Financing Transactions

SumUp Funding Round

SumUp, operating out of Carnaby, London, secured $624 million in investment from Bain Capital Tech Opportunities, BlackRock and btov Partners.

Transaction Overview

Company Name
Announced On
6/23/2022
Transaction Type
Venture Equity
Amount
$624,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The money will be used for acquisitions, more hiring (it now employs some 3,000 people), and more organic product development.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
32-34 Great Marlborough St
Carnaby, London, W1F 7JB
UK
Email Address
Overview
SumUp is a leading financial technology company, focused primarily on mobile payments. The company operates across 32 markets on three continents.
Profile
SumUp LinkedIn Company Profile
Social Media
SumUp Company Twitter Account
Company News
SumUp News
Facebook
SumUp on Facebook
YouTube
SumUp on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Klein
  Daniel Klein LinkedIn Profile  Daniel Klein Twitter Account  Daniel Klein News  Daniel Klein on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/23/2022: ConductorOne venture capital transaction
Next: 6/23/2022: DEM BioPharma venture capital transaction

 

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We do our best to report on every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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