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News by FinTech Collective Archive

SumUp secures €330 million

Jacob Katz

July 19, 2019

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Jacob Katz

point-of-sale

London based provider of mobile point-of-sale solutions has secured a €330m loan, backed by Bain Capital Credit and Goldman Sachs Private Capital, to be used towards growing its customer base in its existing 31 markets.

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“This cash injection will significantly accelerate the growth of our customer base, enhance SumUp’s technology leadership position, and drive the development of new services,” Marc-Alexander Christ, co-founder of SumUp, told Bloomberg.

https://www.pymnts.com/news/investment-tracker/2019/sumup-loan-backed-bain-goldman/

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