The payment terminals market is booming.
The continuous decline in cash, amplified by the pandemic, pushes small traders and independents who were not always equipped to acquire a box.
This new demand opens up an avenue for fintechs (finance start-ups), which offer these professionals light and connected terminals, at prices more suited to their needs than the traditional boxes provided by banks.
Read also:
And now, the payment validated on ... the merchant's smartphone
This is the case of SumUp, one of the leaders of these new terminals called Mpos (Mobile Point of Sale).
The fintech announces this Tuesday a very important fundraising, of 750 million euros.
"This money should help us to continue our growth, by continuing to invest in the development of new products, while allowing us to buy other companies if opportunities arise,"
said Alexander von Schirmeister, CEO Europe of SumUp.
The British company, which is present in France, also intends to continue
This article is for subscribers only.
You have 79% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in