Record round for SumUp: 1.5 billion raised
Sum Upactive in the field of digital payments, obtained a new injection of liquidity. Fintech has picked up 1.5 billion euros from private investors in a round led by Goldman Sachs. This represents one of the most significant private credit operations in Europe of recent times.
The funds will be used to renovate the existing debt and for exploit new development opportunities on a global scale, as the company explains.
SumUp’s new investors include AllianceBernstein, Apollo Global Management, Arini, Deutsche Bank AG, Fortress Investment Group, SilverRock Financial Services e Vista Credit Partners, who join those who had already participated in previous operations, such as the funds managed by BlackRock, Crestline Investors, Liquidity Capital, Oaktree Capital Management, Sentinel Dome and Temasek, with Goldman Sachs leading the initiative. SumUp has registered a Positive EBITDA since December 2022 and boasts over ten years of growth continues.