- Trading Name: SumUp
- Legal Entity: SumUp Payments Limited
- Activities: PayTech
- Location: London, UK
- Regulations: authorised by the Financial Conduct Authority (FCA) in the UK as a e-Money Institution.
- Key People:Marc-Alexander Christ, Petter Made, Jan Deepen, and Stefan Jeschonnek
SumUp is a London-based PayTech and a leading provider of mobile point of sale (mPOS). Marc-Alexander Christ, Petter Made, Jan Deepen, and Stefan Jeschonnek founded SumUp in 2012. The PayTech serves 4M merchants in 35 countries with 3,000 employees.
SumUp Payments Limited is authorised by the Financial Conduct Authority (FCA) in the UK as a e-Money Institution.
With SumUp, merchants can easily, securely, and cheaply accept card payments with their smartphone or tablet. With the SumUp mobile card reader and the associated app for iOS and Android, a smartphone or tablet can be turned into a card terminal in no time at all.
In June 2022, the company secured $624 million in fresh funding. In total, the company is received some $1.6 billion in funding from prominent investors.
We have not found any complaints about SumUp and include it in our “Green Compliance” list.