SumUp
SumUp is a financial technology company that provides mobile point-of-sale (mPOS) solutions to businesses of various sizes.
Services
SumUp provides mobile point-of-sale (mPOS) solutions that enable businesses to accept card payments through smartphones and tablets. Their offerings include a range of card readers, payment tools, and financial services tailored to small and medium-sized enterprises (SMEs). Their card readers can process contactless, chip, and magnetic stripe transactions. SumUp also offers invoicing capabilities, virtual terminal services, and an e-commerce payment solution that integrates with various online store platforms.
Founders
SumUp was founded in 2012 by Marc-Alexander Christ, Daniel Klein, Jan Deepen, and Petter Made. Their combined experience in finance, technology, and business development has driven the company's growth in the digital payment solutions market. The founders aimed to simplify the payment process for small businesses by providing an easy-to-use and cost-effective platform.
Products
SumUp's product range includes several card readers such as the SumUp Air and the SumUp 3G. The SumUp Air is a compact, Bluetooth-enabled device that works with smartphones and tablets, while the SumUp 3G can operate independently without a smartphone. Both devices allow merchants to accept various forms of card payments. Additionally, SumUp offers an online payments solution that includes payment links, invoicing, and integration with online shops. The SumUp POS system combines hardware and software to streamline in-store and online sales operations.
History
SumUp was established in 2012 and has since expanded its services to over 30 countries across Europe, the Americas, and Asia. The company has grown rapidly by focusing on providing accessible payment solutions for SMEs. SumUp has made strategic acquisitions, such as the purchase of payleven in 2016, to enhance its product offerings and market reach. Over the years, SumUp has built a strong reputation for its reliable and user-friendly payment solutions.