United Kingdom · Payments & e-money
Sumup Payments LTD
Legal name in the LEI recordSUMUP PAYMENTS LIMITED
SumUp Payments Limited is a private limited company registered in England and Wales and based in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, with register number 900700. SumUp Holdings Luxembourg S.à r.l. owns all of its shares, and SumUp Holdings S.à r.l. in Luxembourg is its ultimate parent. It provides card readers, point-of-sale and online payment acceptance to small businesses in the UK, together with e-money business accounts and Mastercard cards. The company was incorporated in November 2011 as KA-CHING Payments Limited and took its current name in February 2013.
Licences and registrations
Held by Sumup Payments Limited (LEI 64881L9L9PQ2HJ9C1660). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900700 | United Kingdom | Active | 2018-05-01 | — |
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| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 587718 | United Kingdom | Cancelled - Authorised PI (Former 3MLD) | — | Ended 2017-04-27 |
|
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Trading names on the register: SumUp (FCA-EMI, FCA-PSD)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SUPAGB21XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of SUPAGB21 marks a passive participant.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2018-10-06
- Last updated
- 2018-10-06
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% SumUp Holdings Luxembourg S.à r.l.
Firm type
Merchant acquiring and processing
Trades as SumUp
- Ownership
- SumUp Holdings Luxembourg S.à r.l. holds 100% of the firm, and SumUp Holdings S.à r.l. in Luxembourg is its ultimate controlling party.
- Direct parent
- SumUp Holdings Luxembourg S.à r.l., Luxembourg 100%
- Ultimate owner
- SumUp Holdings S.à r.l., Luxembourg
- Head office
- The Forge, 2nd floor, 105 Sumner Street, SE1 9HZ London, United Kingdom
- Company register
- Companies House 07836562
- Incorporated
- 7 Nov 2011
- Founders
- Daniel Klein · Marc-Alexander Christ
- Former name
- KA-CHING PAYMENTS LIMITED
Online
- Websites & references
- sumup.com ↗
developer.sumup.com ↗ developer docs
status.sumup.com ↗ status page - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 13 pages consulted
- find-and-update.company-information.service.gov.uk/company/07836562
- find-and-update.company-information.service.gov.uk/company/07836562/officers
- find-and-update.company-information.service.gov.uk/company/07836562/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/07836562/filing-history
- find-and-update.company-information.service.gov.uk/company/07836562/filing-history/MzQ4MzcyODQ1MmFkaXF6a2N4/document?format=pdf&download=0
- sumup.com/en-gb/personal/legal/
- sumup.com/en-gb/business-account/
- sumup.com/en-gb/press/sumup-appoints-luke-griffiths-as-uk-ceo/
- form3.tech/news/press-releases/sumup-selects-form3-for-uk-payments-to-boost-growth
- sixthstreet.com/investment_announce/global-fintech-sumup-raises-e285-million-led-by-sixth-street-growth-a
- globenewswire.com/news-release/2026/06/16/3312258/0/en/sumup-launches-in-canada-bringing-simple-transparent
- fintech.global/2026/07/07/sumup-expands-into-consumer-banking-across-europe/
- bloomberg.com/news/articles/2026-03-10/european-fintech-sumup-said-to-seek-bankers-for-a-european-ipo
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- TrueLayer, United Kingdom Agent of TrueLayer, which provides the regulated account information service (FCA Firm Reference Number 901096)
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011, with register number 900700, to issue e-money and provide payment services. For account information services it acts as the agent of TrueLayer, which the FCA authorises.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900700 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Agent of TrueLayer for account information services | — | As agent | Active | sumup.com ↗ |
| Financial Conduct Authority United Kingdom | Authorised Payment Institution (cancelled) | 587718 | In its own name | Withdrawn or expired | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm says it keeps customer funds in segregated safeguarding accounts at several UK banks, separate from its own funds, and holds an insurance policy as an additional safeguarding measure.
- Settlement bank
- Barclays United Kingdom
- Payment schemes and card networks
- Faster Payments Direct form3.tech ↗
Bacs Direct form3.tech ↗
Mastercard Access not stated sumup.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It sells card readers, Tap to Pay, point-of-sale systems, payment links and online checkout to UK merchants. It also offers e-money business accounts with sort codes and a business Mastercard, merchant cash advances and a personal account with cashback.
It serves merchants in the UK. According to its 2024 accounts, its business objective is to grow payment services in the UK and Switzerland.
- Revenue
- EUR 211.2m
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in 2 countries
- United Kingdom · Switzerland
- Latest funding round
- EUR 285m Dec 2023Led by Sixth Street Growth
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Luke Benjamin Griffiths UK CEO and group Chief Commercial Officer; director
- Executive
- Hermione McKee Director
- Executive
- Ken Victor Shanahan Director
- Executive
- Nikolai Riesenkampff Director
- Executive
- Steven David Delpy Director
- Executive
- Catriona Byrne Company Secretary
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm moved its registered office from 16-20 Shorts Gardens to The Forge, 105 Sumner Street, London, on 27 July 2026.
find-and-update.company-information.service.gov.uk ↗ -
Other
The SumUp group launched a personal account for consumers in the UK, Ireland, Germany, France, Italy and Spain.
fintech.global ↗ -
Other
Bloomberg reported that the firm had invited banks to pitch for roles in a possible IPO in Europe.
bloomberg.com ↗ -
Leadership
SumUp appointed its Chief Commercial Officer, Luke Griffiths, as UK CEO in succession to Luke Beavon.
sumup.com ↗ -
Leadership
Co-founder Daniel Klein resigned as a director of the firm on 17 September 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Luke Beavon resigned as a director of the firm on 1 August 2025.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The SumUp group raised EUR 285 million in a round led by Sixth Street Growth.
sixthstreet.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SUPAGB21XXX
- How the BIC breaks down
- SUPABank
- GBCountry · United Kingdom
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 64881L9L9PQ2HJ9C1660
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900700
- Licence no. · FCA-PSD
- 587718
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- 38f84d15b491
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 2 entries on 2 registers
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom
- Website (register)
- www.sumup.co.uk ↗
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 32 - 34 GREAT MARLBOROUGH ST LONDON W1F 7JB UNITED KINGDOM
- Operational address
- 32 - 34 GREAT MARLBOROUGH ST LONDON LONDON W1F 7JB UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SUPAGB21XXX</BICFI>
<LEI>64881L9L9PQ2HJ9C1660</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SUPAGB21XXX</BICFI>
<LEI>64881L9L9PQ2HJ9C1660</LEI>
<Nm>SUMUP PAYMENTS LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>32 - 34 GREAT MARLBOROUGH ST LONDON W1F 7JB</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2020-01-13 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2020-03-02 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2020-02-03 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: sumup.com (official website).
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