SumUp, a provider of card readers and payment solutions, has raised $624M in a mix of debt and equity. The Series E equity round drew participation from Bain Capital Tech Opportunities, BlackRock, Crestline Investors, and Fin Capital, among others. The debt financing was provided by undisclosed investors.

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<p>q1 2022 brought a -18% decline in quarterly fintech funding. Download the report to learn more.</p>
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FREE DOWNLOAD: STATE OF FINTECH Q1 2022

q1 2022 brought a -18% decline in quarterly fintech funding. Download the report to learn more.

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The post SumUp, a provider of card readers and payment solutions for small businesses, reaches $8.5B valuation. SumUp competitors are Block and iZettle. appeared first on CB Insights Research.

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