Smoother transactions

The acquisition, which will see SumUp investing further into Goodtill’s team and products, is the latest in a series of strategic deals secured by SumUp to bolster its product portfolio, following the 2018 acquisition of Debitoor, for accounting and invoicing, and 2019 acquisition of Shoplo, for e-commerce.

In a year which has seen restaurants, venues, and hospitality businesses operating with limited capacities due to Covid-19 restrictions, SumUp and Goodtill have been at the forefront of industry-wide efforts to future-proof the long-term prospects of merchants and clients in these sectors.

Maximilian Stella, VP New Ventures at SumUp comments: “Having worked with the Goodtill team for many years as partners, we’ve been very impressed by their growth, product and company culture.”