SumUp Success Story
The Customer
SumUp is the leading mobile point of sale (mPOS) solutions provider in Europe. The company's goal is to revolutionize the payment market worldwide. With the SumUp Terminal, merchants can accept card payments using their smartphone or tablet in a simple, secure and cost-effective way.
SumUp also offers an iPad-based point of sale (POS) system. The solutions consist of a proprietary and EMV certified end-to-end payment gateway, terminal hardware, and mobile apps. SumUp is authorized as a payment institution by the Financial Conduct Authority (FCA). SumUp is also certified by Europay, MasterCard, Visa (EMV), and PCI-DSS.
Since entering the market in August 2012, SumUp has expanded into a total of 15 countries, including Germany, the UK, Brazil and the USA. The company is funded by American Express, Groupon, BBVA Ventures, and several other reputable venture capital firms.