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UK Cards Reader explores the stock market list that can estimate business at 10 billion dollars to 15 billion dollars and the London Stock Exchange offers a rare boost.
London -based Fintech weighs a preliminary general offer in London or New York, according to two people familiar with the company’s opinion.
They added that they were discussing plans with investment banks, and it was aimed at floating next year. One person said that SUMUP founders would remain the largest shareholder, and that it was aimed at assessing $ 10 billion-15 billion dollars.
Sumup hopes to raise money to buy competitors. One person who is aware of the company’s thinking that he believes the payment processing market has ended for unification, especially in Europe.
In 2022, SUMUP collected 590 million euros on a fund for collecting donation with the lead capital of private shares You appreciate it at 8 billion euros euros. It was targeted to evaluate 20 billion euros.
Last year, Reuters reported that SUMUP was working with Goldman Sachs to sell secondary shares that hope to appreciate the work of $ 9 billion.
In 2023, the financial director of Somoub Maki said that there was no rush to the company to the public subscription.
The news comes amid a wave of investor’s interest in Fintechs in the United Kingdom. The times of Financial has reached time recently Starling is preparing to sell secondary stocks It can be estimated at a price of 4 billion pounds The rebellion rebellion in talks with the investment company coat On a new tour of donation.
The UK’s public subscription from SUMUP will also achieve a rare victory for the London Stock Exchange, which was forced to face drought in three -year lists: low assessments compared to the United States have prompted UK companies to appear for the first time or change their lists.
UK -based money transfer company Al -Hakim in the process of recovery in the United States. Klarna, while the Swedish purchase group, the paid article, Witness in the United States this month.
SUMUP was founded by Marc-Elexander Christ, Stefan Jeschonnek, Jan Deepen and Daniel Klein in 2012. It makes card readers to use it by small and medium-sized companies, and has 4 million customers in 36 countries. It also provides business accounts and billing services.
Last year, it was a target of 160 million euros in profits before interest, taxes, depreciation and firefighting, a measure of profitability.
Sumup refused to comment.
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