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)
London-based payment-services group had earlier hoped to raise funds at €20bn pricetag
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News
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Venture capital investment
![](https://files.pitchbook.com/website/images/ar/featured/b/2x/sumup_full.jpg)
SumUp secures €285M despite a slowdown in fintech funding
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_ATYi1qsjb4/v0/-1x-1.jpg)
British Payments Firm SumUp Defies Fintech Slump With €285 Million
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Ronaldo and hedgies know the crypto score
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GBxGlobal (@GBxGlobal) / X
![](https://www.verdict.co.uk/wp-content/uploads/2021/03/SumUp-3G_Cafe_4_CloseUp_2019.png)
SumUp declines to sum up its valuation following €750m round
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