03 February 2021

SumUp acquires FinTech Paysolut  

Written By FinTech Alliance

SumUp acquires FinTech Paysolut  

London FinTech SumUp has acquired Lithuanian core banking business, Paysolut.  

In Brief:  

  • SumUp has worked with Paysolut for the past two years.  

  • The pricetag of the acquisition has not been disclosed.  

  • Paysolut develops core banking solutions to help businesses grow.  

What does this mean?  

The acquisition of Paysolut means SumUp can offer more high-quality banking solutions to its customers, which include many small businesses. Paysolut will be able to expand its team and offer a wider range of products.  

Read more here.  

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