{"id":21175,"date":"2023-08-14T22:33:00","date_gmt":"2023-08-14T22:33:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4181918_AE81918_0"},"modified":"2023-08-14T22:33:00","modified_gmt":"2023-08-14T22:33:00","slug":"sumup-launches-in-australia-bringing-affordable-game-changing-tools-to-the-market-for-small-businesses","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=21175","title":{"rendered":"SumUp launches in Australia – bringing affordable, game-changing tools to the market for small businesses"},"content":{"rendered":"\n\n\n
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Global financial technology company, launches in Australia<\/span> to serve the country’s business community<\/i><\/p>\n

SYDNEY<\/span>, Aug. 15, 2023<\/span> \/PRNewswire\/ — SumUp<\/a> has launched in Australia<\/span>, its 36th market, as the global fintech continues its global expansion and rolls out its proprietary hardware and software solutions for Australian businesses.<\/p>\n

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\"SumUp <\/a>
SumUp Air Card Reader<\/span><\/p>\n<\/p><\/div>\n

SumUp was founded in 2012 with the mission of empowering small businesses and entrepreneurs with affordable and easy-to-use payment solutions. Since then, the company has grown rapidly, expanding its product suite beyond hardware, and now serves millions of merchants in 36 countries around the world.<\/p>\n

As the company has grown year-on-year through merchant sign ups, new partnerships, and acquisitions, SumUp has launched in new markets on a continual basis. Being a dynamic and fast-growing market, Australia<\/span> is an ideal location for the next phase of SumUp’s expansion. The London<\/span>-headquartered company has a top-notch local leadership team in place, based in Queensland<\/span>, with a view to growing the local team in future.<\/p>\n

With its thriving small business community and entrepreneurial spirit, Australia<\/span> is a natural fit for SumUp’s mission of empowering small businesses with accessible and user-friendly business solutions. Consistently rated as one of the happiest and wealthiest nations in the world, with exceptionally high living standards, Australia<\/span> is also home to a fintech boom (800 registered companies currently operating).<\/p>\n

Set against this backdrop of prosperity, Australia<\/span> is a country of sole traders and small businesses. This entrepreneurial drive has resulted in 1.5 million registered sole traders, 2.2 million small businesses (365,480 new businesses registered in 2021 alone), and a GDP contribution of 32% of Australia’s<\/span> total.<\/p>\n

Therefore, this vital lifeblood of the Australian economy needs the best tools on the market – and that’s exactly where SumUp comes in; with their vast ecosystem and operating in accordance with the highest card payment industry security standards. Upon launch in Australia<\/span>, an extensive range of the SumUp product ecosystem and features will be available for merchants, including:<\/p>\n