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# SumUp
- URL: https://entrepreneurplus.co.uk/startups/sumup/
- Published: 2026-10-29T17:46:36.000Z
- Updated: 2026-10-31T05:26:53.000Z
- Description: Card readers, point-of-sale and business banking tools used by over four million small merchants worldwide.
- Author: Editorial Desk
- Tags: #ep-startup

Card readers, point-of-sale and business banking tools used by over four million small merchants worldwide.

- Fintech
- Series B+
- London

Sector

Fintech

Stage

Series B+

Based in

London

Founded

2011

Funding raised

Undisclosed

Website

[sumup.com](https://www.sumup.com/?ref=entrepreneurplus.co.uk)

SumUp provides card readers, point-of-sale software, invoicing, online payments and business accounts for small merchants such as cafes, market traders and tradespeople. Founded in 2011 by Daniel Klein, Marc-Alexander Christ and Stefan Jeschonnek and headquartered in London, it says more than four million businesses across Europe, the Americas and beyond use its tools to take payments and run their operations. The company has grown through acquisitions, including Fivestars in the US and Tiller in France, and has raised roughly $4bn in equity and debt from investors including Bain Capital Tech Opportunities, Goldman Sachs, Temasek and BlackRock, with its most recent reported financing a credit facility in May 2025.

## Team

- **Daniel Klein**, Co-founder & CEO
- **Marc-Alexander Christ**, Co-founder
- **Stefan Jeschonnek**, Co-founder

## Backed by

- [BBlackRock Private Equity Partners](https://entrepreneurplus.co.uk/investors/blackrock-private-equity-partners/)

[LinkedIn](https://linkedin.com/company/sumup?ref=entrepreneurplus.co.uk) · [X (Twitter)](https://twitter.com/SumUp?ref=entrepreneurplus.co.uk)

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