Tagged: sumup

Fintech Firm SumUp, JCB to Boost Card Acceptance for European Merchants

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd.,  announced its partnership with global financial technology company SumUp, “to enable acceptance of JCB Cards across SumUp’s European merchant network.” With the return of international travel, the collaboration will “provide new opportunities of… Read More

Fintech SumUp Introduces Multi-Product Subscription for Merchants in UK, Italy

Global financial technology company SumUp has unveiled its multi-product subscription – SumUp One, now “available in the UK and Italy, and soon in other European markets.” SumUp One reportedly “combines the best of the SumUp product suite in a single, unified offering for merchants across… Read More

European Payment Fintechs SumUp, Netcetera Team Up on ACS

As online purchases have soared in the last few years, so has the level of online fraud. In 2021, e-commerce fraud in the UK “jumped to GBP 1.3 billion.” As many merchants make the transition to online stores, “ensuring their transactions are protected is crucial.”… Read More

Fintech SumUp Introduces Magic Pay for Hospitality Industry

SumUp, the financial partner for small businesses across the globe, recently confirmed the introduction of SumUp Magic Pay, a QR code payment service for the hospitality industry. Hospitality client behavior has been changing in a post-pandemic environment. As the sector reopened in different phases, it… Read More

London Fintech SumUp Secures €590M in Funding

Global Fintech SumUp, the financial partner for over 4 million small businesses worldwide, has raised a €590 million funding round that gives the company “an enterprise value of €8 billion following a decade of rapid growth and global expansion.” The investment round was led by… Read More

London Fintech SumUp Partners with PrestaShop to Provide Business Tools to Merchants

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

London based Fintech SumUp Introduces New Business Account Solution for UK SMEs

London-headquartered payments service provider SumUp has announced the introduction of a Business Account solution for its merchants in the United Kingdom and nearly a dozen European markets. As mentioned in a release shared with CI, the Business Account from SumUp is “central to the evolution… Read More

Global Payments Fintech SumUp Acquires US Payments and Marketing Platform, Fivestars

SumUp, the London-headquartered payments service provider with more than 2,800 employees across three continents, confirms its acquisition of Fivestars, which is one of America’s largest two-sided local commerce networks that “combines a marketing platform with integrated payments.” SumUp has reportedly paid $317 million for the… Read More

UK Fintech SumUp Appoints Michael Schrezenmaier as New CEO for European Operations

UK-based Fintech firm SumUp, an international leader in virtual payments, has confirmed the appointment of a new CEO for Europe, Michael Schrezenmaier. Schrezenmaier brings with him a “founder’s mentality” and a “hands-on” attitude, as well as being a “perfect cultural fit” for the London-based company,… Read More

UK Fintech SumUp, a Digital Payments Provider, Appoints Johannes Schaback as New CTO, Effective May 1, 2021

London-based SumUp, a global payments service provider, revealed on Tuesday (April 27, 2021) that it has appointed its new CTO, with Visual Meta Co-Founder and former CTO, Johannes Schaback, taking up the role as of May 1, 2021. As mentioned in a release shared with… Read More

UK Mobile Payments SumUp Announces Acquisition of European Gastronomy Merchant Digital Services Tiller

  UK-based mobile payments company SumUp recently announced it has acquired European gastronomy merchant digital services Tiller.  The company announced the acquisition just after it revealed it acquired core banking solutions provider, Paysolut. Speaking about the acquisition, SumUp released a statement stating: “As a leading player in… Read More

UK Mobile Payments Company SumUp Acquires Core Banking Solutions Provider Paysolut

UK-based mobile payments company SumUp announced on Tuesday it has acquired core banking solutions provider, Paysolut. Paysolut reported that it serves future unicorns of fintech by providing its mobile banking platform to run their businesses on. The company has already been working with SumUp for the past… Read More

Starling Bank Adds Dinghy Insurance, SumUp to Marketplace

Starling Bank, a digital bank that has built a substantial third party platform to offer a buffet of applications to its users, has added two new digital services to its marketplace. Starling states that both SumUP and Dinghy Insurance are now available for business customers…. Read More

UK Fintech SumUp, a Digital Payments Provider, Acquires Software Firm Goodtill

UK-based Fintech SumUp, a global payments service provider, has reportedly acquired POS software provider Goodtill for an undisclosed amount. According to a release shared with CI, the acquisition will be a key part of SumUp’s long-term focus on the growth and development of its restaurant… Read More

UK Fintech SumUp, a Digital Payments Service Provider, Partners Google to Make it Easier for Clients to Purchase Gift Cards

UK-based Fintech SumUp, a payments service provider, has teamed up with Google in order to enable merchants using Google My Business to add support links to gift cards to their business profile on Google. This latest move aims to support SMBs during COVID-19 and also… Read More

UK Fintech SumUp Launches Payment Tools to Help Businesses Conduct Operations while Observing Social Distancing Measures Due to COVID-19

UK-headquartered payments service company SumUp has launched an online payment tool to help businesses conduct operations while observing social distancing measures, following the COVID-19 outbreak. As noted in a release shared with CI, SumUp’s latest solution is part of the Fintech firm’s efforts to enter… Read More

UK Fintech SumUp to Waive Fees Charged on Mobile Payments Platform to Help Businesses Suffering Due to Coronavirus

UK-based Fintech firm SumUp has decided to waive the fees charged on its mobile payments platform, allowing retailers to settle transactions remotely through their devices by sharing a link through WhatsApp, SMS messaging, or email. As noted by SumUp’s management, all fees will be waived… Read More

Digital Only Starling Bank Partners with SumUp, a Point of Sale Payments Fintech for Business

Digital-only challenger bank Starling Bank has partnered with SumUp, a mobile point of sale Fintech, to provide small merchants with access to faster settlements. Starling Bank has created not only a digital bank offering but a digital marketplace where both businesses and individuals may access… Read More

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