European Fintech Funding: Payments fintech SumUp nabs $100M

Payments technology fintech SumUp announced Wednesday it has raised $100 million from Victory Park Capital.  SumUp provides businesses with point-of-sale payments equipment and inventory management software to manage their operations. “This credit facility will solely be used to finance the merchant cash advance product,” Philipp Hahn, global head of lending at SumUp, told Bank Automation […]