SumUP

Adyen and SumUp Partner on Accelerated Settlements in Europe, UK
Adyen and SumUp Partner on Accelerated Settlements in Europe, UK
June 20, 2024  |  B2B Payments

Adyen and SumUp have partnered to enable accelerated settlements for small businesses in Europe and the United Kingdom. This partnership expands the availability of SumUp’s...

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Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
May 01, 2024  |  Loans

British payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. The private credit package will allow SumUp “to refinance existing debt, as well as...

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Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
February 23, 2024  |  Investments

SumUp is reportedly looking to raise 1 billion euros ($1.1 billion) from private credit lenders. The U.K. payments company would use the money to refinance existing...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Finances

SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to...

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SumUp Selects Form3 for Access to UK Faster Payments Scheme
SumUp Selects Form3 for Access to UK Faster Payments Scheme
July 07, 2023  |  Faster Payments

SumUp has partnered with Form3 to enhance its business account offering for United Kingdom customers. With this move, SumUp, a global FinTech that serves 4 million small businesses in 35...

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Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023  |  Digital Payments

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28...

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Payments Companies Unveil ‘Embedded Payments Bill of Rights’
Payments Companies Unveil ‘Embedded Payments Bill of Rights’
September 07, 2022  |  Connected Economy

A group of payments companies have created what they call the Embedded Payments Bill of Rights, designed to convince players in the payments ecosystem to...

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EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
September 01, 2022  |  emea

In today’s news from Europe, the Middle East and Africa (EMEA), the European Commission opened its new Californian “embassy,” the Central Bank of Nigeria has...

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