SumUp and Payleven merge as European ‘Square clones’ consolidate
April 27, 2016 at 04:21 AM EDT
Some consolidation afoot in the world of mobile payments: today Groupon-backed SumUp and Rocket Internet’s Payleven — two of the several European startups that cropped up in the wake of Square with their own smartphone accessories to make debit and credit card transactions — have announced that they are merging, collectively now with 1 million customers in 15 countries.… Read More