Tech Company Financing Transactions
SumUp Funding Round
On 8/9/2023, SumUp received $100 million in funding from Victory Park Capital.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Victory Park Capital (Lead Investor)
Proceeds Purpose
The company will use the credit facility to drive expansion of its merchant cash advance product and support UK-based merchants.
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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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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