SumUp Secures Financing To Expand; Inks Partnership With Mastercard

SumUp, the UK digital payments startup, secured a $371 million loan to bankroll its expansion. The loan is backed by Bain Capital Credit and Goldman Sachs Private Capital. The six-year-old startup makes credit card readers that connect with any mobile or tablet device via bluetooth, accepts payments from all major debit and credit cards and can process more than 500 transactions on one charge...