Tech Company Financing Transactions
SumUp Funding Round
SumUp, operating out of Carnaby, London, secured $624 million in investment from Bain Capital Tech Opportunities, BlackRock and btov Partners.
Transaction Overview
Company Name
Announced On
6/23/2022
Transaction Type
Venture Equity
Amount
$624,000,000
Round
Undisclosed
Investors
Bain Capital Tech Opportunities (Lead Investor) (Darren Abrahamson)
Proceeds Purpose
The money will be used for acquisitions, more hiring (it now employs some 3,000 people), and more organic product development.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
32-34 Great Marlborough St
Carnaby, London, W1F 7JB
UK
Carnaby, London, W1F 7JB
UK
Phone
Website
Email Address
Overview
SumUp is a leading financial technology company, focused primarily on mobile payments. The company operates across 32 markets on three continents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Klein
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Next: 6/23/2022: DEM BioPharma venture capital transaction
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We do our best to report on every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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