We are excited to announce that SumUp, the leading global financial technology partner for small businesses, has successfully raised $1.6 billion in our latest funding round. Since our founding in 2012, we have been driven by the purpose of leveling the playing field for the 4 million+ small merchants spread across 36 markets worldwide, empowering them to start, run, and grow their businesses. This new capital injection marks a pivotal moment as we celebrate 10 years of innovation and growth, reinforcing our commitment to delivering intuitive, inclusive, and accessible financial solutions.
This substantial funding boost will allow us to deepen our investment in creating even more innovative digital payment solutions and business tools tailored to the evolving needs of small enterprises. As we continue to expand our global reach, every dollar raised will be strategically allocated to further enhance our technology, provide top-tier customer support, and develop new products that simplify everyday business processes. This is especially important as we recognize that in today鈥檚 fast-paced digital economy, accessibility and usability can redefine success for small businesses.
In addition to our financial initiatives, SumUp remains dedicated to making a positive impact on society. We are proud to be a part of the 1% for the Planet movement, pledging to donate 1% of net revenue from our Solo devices to support environmental, educational, and entrepreneurial causes. Our commitment to diversity and inclusion is also evident in our recent accolades, such as being recognized as a Top Global Employer and receiving the Silver Award on the Stonewall Workplace Equality Index. This funding round is not just an investment in technology, but an investment in the future of small businesses everywhere.
