SumUp Hits One Billion Transactions as Global Expansion Accelerates

European payments company SumUp has reached the milestone of processing one billion transactions as it accelerates its global expansion. The achievement underscores SumUp's position as one of the largest small business payment processors in Europe and beyond.

SumUp has built its business by providing affordable card readers and payment processing services to small merchants and sole traders, a segment that was historically underserved by traditional payment companies. The company operates in over 35 markets globally.

The one billion transaction milestone positions SumUp alongside much larger payment companies in terms of transaction volume and demonstrates the enormous scale of the small merchant payments market that the company has targeted.