SumUP

EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
September 01, 2022  |  emea

In today’s news from Europe, the Middle East and Africa (EMEA), the European Commission opened its new Californian “embassy,” the Central Bank of Nigeria has...

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SumUp Intros Digital Wallet With Loyalty Rewards as It Ventures Into B2C Space
SumUp Intros Digital Wallet With Loyalty Rewards as It Ventures Into B2C Space
September 01, 2022  |  Payment Methods

Mobile point-of-sale (mPOS) company SumUp is venturing into the business-to-consumer (B2C) space with the launch of its first digital wallet and loyalty rewards program. Get the Full...

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Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
June 23, 2022  |  Technology

In today’s FinTech news, Pine Labs in Noida, India, is acquiring Setu in Bengaluru, India, to grow Pine Labs’ offering of digital payments and lending...

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SumUp Raises €590M at Reduced Valuation of €8B
SumUp Raises €590M at Reduced Valuation of €8B
June 23, 2022  |  Investments

Mobile point-of-sale (mPOS) startup SumUp raised €590 million at a valuation of €8 billion, a significant drop from its €20 billion valuation earlier this year....

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SumUp Seeks Fresh Capital at $22B Valuation
SumUp Seeks Fresh Capital at $22B Valuation
January 26, 2022  |  Investments

London-based global payments service provider SumUp could launch a fundraising round that would value the company at about 20 billion euros (about $22 billion), Bloomberg...

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SumUp Launches Business Accounts for Faster Deposits
SumUp Launches Business Accounts for Faster Deposits
November 16, 2021  |  B2B Payments

Global payments service provider SumUp is launching Business Accounts, a new solution for the company’s merchants in the U.K. and Europe that will enable them...

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PayPal Rival SumUp Snags Fivestars For $317M
PayPal Rival SumUp Snags Fivestars For $317M
October 14, 2021  |  Partnerships / Acquisitions

London global payments processor SumUp acquired Silicon Valley marketing automation platform Fivestars for $317 million in a mix of cash and stock, according to a...

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UK FinTech SumUp Names Michael Schrezenmaier as CEO Europe
UK FinTech SumUp Names Michael Schrezenmaier as CEO Europe
October 04, 2021  |  Personnel

Global FinTech SumUp appointed Michael Schrezenmaier as its new CEO Europe, as the U.K. startup moves toward becoming a one-stop shop for merchants, the company...

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Today In B2B Payments: Hokodo Optimizes BNPL For B2B eMarketplaces; TIS Enhances Global Business Payment Visibility
Today In B2B Payments: Hokodo Optimizes BNPL For B2B eMarketplaces; TIS Enhances Global Business Payment...
June 10, 2021  |  B2B Payments

Today in B2B payments: Hokodo puts BNPL to work for digital B2B marketplaces, and TIS optimizes payments visibility for global corporates. Plus, ActZero discusses small...

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