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Top News In Esumup Today - Breaking & Trending Today

SumUp raises €1.5bn, funding round led by Goldman Sachs

Funding represents one of the largest European private credit deals of its kind in recent years ....

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El Paso ranks as cheapest US city for eating out

EL PASO, Texas (KTSM) — El Paso has been ranked as the cheapest U.S. city for eating out, according to a report from SumUp. SumUp, a global fintech company has compiled a list of the cheapest U.S. cities for eating out by using data from the U.S. Bureau of Statistics. SumUp also included factors such […] ....

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F|T: The FinTech Times – Synctera and Monarch Money seek to fill Canadian finance gaps

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. ....

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F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. ....

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SumUp's valuation falls as low as $4.1B, as Groupon and others sell off their stakes

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. Shares in SumUp, a privately-held European payment technology business that focuses on point-of-sale transactions, are currently being sold in inside sales (to other existing investors in the company) at a valuation that might be as low as $4.1 billion a drop of nearly 52% on SumUp's previous valuation of $8.5 billion, achieved when it raised $624 million in June 2022. Several of SumUp's investors are selling off shares, but the news was made public by just one: Groupon, which is traded in the U.S. on Nasdaq, disclosed the transaction in an SEC filing. ....

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