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Payments Firm SumUp Defies Fintech Slump With €285 Million Fundraising – Bloomberg

December 15, 2023

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
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Payments firm SumUp has raised €285 million ($306 million) to fund international expansion and new products for businesses.
The raise was mostly equity with some debt and led by Sixth Street Growth alongside Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group, according to a statement on Monday. The London-based company maintained its internal valuation of $8.5 billion.

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