SumUp, a fintech and payments company, has raised €1.5 billion in an oversubscribed funding round led by Goldman Sachs, with participation from private credit lenders like AllianceBernstein and Deutsche Bank AG. Founded in 2012, SumUP gives access to financial services to millions of businesses that are considered too small for most providers, including over 4 million merchants in 36 markets across Europe, the US, Latin America and Australia. The funding will be used to refinance existing debt and support global growth opportunities, a move that underscores SumUp’s sustained growth and investor confidence in its potential.
SumUp Raises €1.5B in an Oversubscribed Round Led by Goldman Sachs
