SB
SumUp Brasil
Brazil · Fintech
SumUp Brasil provides payments and financial tools for micro and small businesses.
Taking payments and managing cash flow
SumUp’s Brazilian business helps merchants accept payments and manage the money from their sales. Its offering includes card readers, Tap to Pay, payment links, digital accounts and tools for online and in-person commerce.
The company also offers credit and earlier settlement of card receivables. Receivables-backed funding supports those earlier payouts, giving merchants access to money before their customers’ instalment payments finish settling.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Receivables-backed FIDC financing package | R$850M | Participants not disclosed |