SumUp struggles to €8bn valuation as tech sell-off hits UK fintech
![SumUp struggles to €8bn valuation as tech sell-off hits UK fintech](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4b3edd67-dc89-466b-bd69-2f5fbaedb5cf.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1)
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SumUp's valuation falls as low as $4.1B, as Groupon and others sell off their stakes
Fintech valuations are tanking
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Fintechs face reckoning as easy money dries up
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British Payments Firm SumUp Defies Fintech Slump With €285 Million Fundraising - Bloomberg
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SoFi: A Unprofitable Bank With A Tech Valuation Multiple (NASDAQ:SOFI)
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Fintech: SumUp defies European fintech trends with a $307MM raise at an $8.6B valuation
SoFi Technologies: A High-Growth Fintech to Cautiously Observe
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BlackFin Tech weekly — June 27th, 2022, by RegisB, BlackFin Tech
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British Payments Firm SumUp Defies Fintech Slump With €285 Million Fundraising - Bloomberg
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_ATYi1qsjb4/v0/-1x-1.jpg)
British Payments Firm SumUp Defies Fintech Slump With €285 Million Fundraising - Bloomberg
![](https://www.eu-startups.com/wp-content/uploads/2023/12/sumup-scaled-e1702284873449.jpg)
London-based fintech SumUp raises €285 million to provide small merchants with the tools to scale their businesses