Company Overview
Founded in 2012 and headquartered in Berlin, Germany, SumUp was co-founded by Daniel Klein, Marc-Alexander Christ, and others as a leading mobile POS payment platform. With the mission of making it easy for every merchant to accept payments, SumUp provides compact mobile card readers, a POS app, QR payments, and companion financial services. It serves more than 4 million merchants across 36 countries and is a representative mobile collection solution for European micro-merchants.
Related provider: SumUp mobile POS provider
Milestones
- 2012: Founded by Daniel Klein, Marc-Alexander Christ, and others in Berlin
- 2013: Launched the first mobile card reader, entering multiple European markets
- 2016: Launched SumUp Air, expanding globally
- 2020: Launched SumUp banking accounts (Europe) and merchant lending
- 2025: Surpassed 4 million merchants across 36 countries
Product Matrix
| Product | Description |
|---|---|
| SumUp Air | Bluetooth mobile card reader supporting swipe/chip/contactless |
| SumUp Solo | Standalone mobile POS terminal, no phone required |
| SumUp POS App | Free POS app with catalog, inventory, and sales reports |
| SumUp Online Store | Simple online storefront with SumUp payments |
| SumUp Invoicing | Invoice creation, sending, and payment-status tracking |
| SumUp Banking Account | European merchant accounts, corporate cards, and lending |
Core Strengths
- Transparent Pricing: Public hardware prices and multiple no-monthly-fee plans
- Compact & Easy: Plug-and-play mobile card readers for mobile operations
- Multiple Payment Methods: Major networks, Apple Pay, Google Pay, and QR
- Value Services: Online store, invoicing, banking account, and lending in one ecosystem
