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September 2015

CasePro advises SumUp throughout its funding round

<p>CasePro team managed by Damyana Lazarova advised the&nbsp;Europe&rsquo;s leading mPOS company SumUp&nbsp;throughout its&nbsp;funding round which was successfully closed in August 2015 and brought&nbsp;its total capital raised to &euro;50 million. The financing came from previous investors BBVA Ventures, Groupon, American Express and other prior backers.&nbsp;The funds would help the company to&nbsp;launch in 2 more countries this year, increasing its country footprint to 15 nations in total (and covering three continents), as well as to bolster its end-to-end payment platform.&nbsp;SumUp also plans to use the cash to fund their roll-out and creation of new contactless payment technologies and services. More information can be found here: <a href="http://tech.eu/brief/fintech-sumup-funding/">news 1</a>; <a href="http://www.financemagnates.com/fintech/payments/sumup-raises-another-e10-million-to-boost-their-mpos-growth/">news 2</a>.</p>
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