SumUp, one of Europe’s leading mPOS companies, announced a new €10 million injection by investors including BBVA Ventures and Groupon. American Express and other current investors also participated in the funding round. This takes SumUp’s funding so far to a total of €50 million, and follows the recent investment by Swiss venture capital firm Venture Incubator AG.
SumUp is set to empower the world to accept card payments. With SumUp, merchants can accept credit and debit cards, using their smartphones or tablets, in a simple, secure and cost-effective way. SumUp’s mobile card acceptance solution is built on proprietary end-to-end EMV payment technology, terminal hardware, and mobile Continue reading