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Summary*

SumUp, founded in 2012 and headquartered in London, UK, is a financial technology company specializing in payment processing solutions and point-of-sale systems for small businesses. The company offers a range of products including mobile payment applications, card readers, and business bank accounts, catering to various sectors such as restaurants, salons, and retail.

Since its inception, SumUp has demonstrated significant growth and attracted substantial investment. The company has raised over $4 billion in funding across multiple rounds, with its latest Series F round in December 2023 securing $306.7 million. This funding history showcases strong investor confidence in SumUp's business model and growth potential.

As of now, there is no official information or confirmed news regarding SumUp's IPO prospects. The company has not made any public statements about plans to go public, and we cannot speculate on the likelihood or timing of a potential IPO.

Several factors could influence SumUp's decision-making process regarding a potential public offering. These may include market conditions, the company's financial performance, growth trajectory, and strategic objectives. Additionally, the competitive landscape in the fintech sector and regulatory environment could play a role in any future IPO considerations.

Investors interested in SumUp should keep in mind that private companies can change their plans regarding public offerings based on various internal and external factors. It's advisable to rely on official announcements from the company or regulatory filings for the most accurate and up-to-date information about any potential IPO plans.

How to invest in SumUp

While SumUp's IPO timeline remains uncertain, investors interested in the fintech and payment processing sector don't have to wait on the sidelines. At Linqto, we offer accredited investors the opportunity to access interests in promising private companies like SumUp before they go public. Our platform provides a unique way to diversify your portfolio with pre-IPO investments in potential industry leaders, with lower minimum investments than traditional private equity opportunities. By investing early through Linqto, you could potentially benefit from the growth of innovative companies in the digital payment space.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.