Advertisement
UK markets close in 2 hours 16 minutes

  • FTSE 100

    8,073.75
    +28.94 (+0.36%)
     

  • FTSE 250

    19,773.14
    -26.58 (-0.13%)
     

  • AIM

    754.95
    +0.08 (+0.01%)
     

  • GBP/EUR

    1.1638
    +0.0010 (+0.09%)
     

  • GBP/USD

    1.2442
    -0.0010 (-0.08%)
     

  • Bitcoin GBP

    53,179.84
    +6.27 (+0.01%)
     

  • CMC Crypto 200

    1,434.29
    +10.19 (+0.72%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • CRUDE OIL

    83.12
    -0.24 (-0.29%)
     

  • GOLD FUTURES

    2,336.20
    -5.90 (-0.25%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • DAX

    18,139.65
    +2.00 (+0.01%)
     

  • CAC 40

    8,132.03
    +26.25 (+0.32%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Payments firm SumUp raises 590 million euros in latest funding round

Reuters
Updated ·1-min read
SumUp, a European mobile point-of-sale (mPOS) company, displays on the exhibit hall floor during the Money 20/20 conference in Las Vegas

BERLIN (Reuters) - London-based payments firm SumUp said on Thursday it raised 590 million euros ($623 million) in its latest funding round, giving it an overall enterprise value of 8 billion euros.

The latest round, which involved a combination of equity and debt, brings the total amount of capital raised to 1.5 billion euros, said SumUp, which counts U.S.-based Block's Square and PayPal's Zettle among competitors and is active in 35 countries.

"The funds we've raised will enable us to continue to build out our product ecosystem, expand into new markets, pursue value-adding acquisitions," said co-founder Marc-Alexander Christ in a statement.

BlackRock, Centerbridge and Crestline were among the participants in the funding round led by Bain Capital Tech Opportunities.

($1 = 0.9465 euros)

(Reporting by Miranda Murray; Editing by Kenneth Maxwell)