No, you didn’t get up again in 2021 however there may be information this morning of a €285 Million (over $300m) fintech funding spherical.
Germany-founded however London-based SumUp has closed the huge funding spherical that’s “largely fairness” which tempers our preliminary enthusiasm considerably. However even a nine-figure fairness spherical is sufficient to make the information as of late.
No information on valuation apart from it’s greater than the $8.5 billion valuation SumUp achieved in 2022.
SumUp is a funds fintech targeted on small companies with 4 million small enterprise clients in Europe, the Americas and Australia. They personal the Fivestars loyalty app fashionable on this nation and compete straight with PayPal and Sq. in lots of geographies.
Now 11 years outdated SumUp is among the largest privately held funds startups in Europe. Even when we don’t know the complete particulars of the funding spherical hats off to them for an up-round and enormous fairness infusion.
By Ingrid Lunden
SumUp — the fintech that gives funds and associated providers to some 4 million small companies in Europe, the Americas and Australia — has picked up
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