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# SumUp Merchant Business Accounts Surpass €1 Billion in Deposits and 1.5 Million Global Users
- URL: https://www.theglobalbanker.com/sumup-business-accounts-1-billion-deposits-1-5-million-users-2025/
- Published: 2025-12-10T09:34:00.000Z
- Updated: 2026-10-02T14:20:29.000Z
- Description: SumUp's merchant Business Account has crossed €1 billion in customer deposits and reached 1.5 million active users globally.
- Author: TGB Editorial Team
- Tags: Fintech, Europe, #archive

SumUp, the UK-based fintech known for its payment terminals and card readers aimed at small and medium-sized merchants, announced in December 2025 that deposits held in its merchant Business Account product had surpassed €1 billion. The platform also reached 1.5 million active Business Account users worldwide.

#### REVENUE AND PROFITABILITY

The company has maintained a positive EBITDA position since December 2022\. Research firm Sacra estimated that SumUp reached approximately $600 million in annualised revenue in 2025.

SumUp processes over one billion transactions annually. 

#### LICENSING

The company holds electronic money institution licences.