SumUp Payments Limited announced that it has received $624 million in a round of funding led by new investor Bain Capital Tech Opportunities Fund a fund managed by Bain Capital Private Equity, LP on June 23, 2022. The transaction also included participation from b-to-v Partners AG, Centerbridge Partners, L.P., Fin Capital, Sentinel Dome Partners, Crestline Investors, Inc., BlackRock, Inc. and others. The company issued 50% equity and 50% debt in the transaction.

The round was raised at a post money valuation of $8,500 million. The company has raised a total capital of $1,600 million till date.