All of SumUps existing investors have contributed further investment alongside Groupon and American Express.
SumUp is set to use this investment to support its continued expansion into new territories and to build its end-to-end payment solution, which encompasses a proprietary and certified payments gateway as well as proprietary hardware and operations systems. Part of the funds will be used to support the development of new services with which SumUp will enhance its point-of-sale ecosystem that connects merchants and consumers.
In recent news, SumUp has launched its service in Russia.
For more information about SumUp, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
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