SumUp completed the acquisition of Fivestars for $317m.

SumUp, a payments service provider, completed the acquisition of Fivestars, an all-in-one payments and marketing platform for $317m. “SumUp is a market leader because of our support for, and belief in, small businesses. Our global community of merchants has battled through lockdowns and volatility and we’re confident that this acquisition will further energize the US's recovering small business economy. Now is the time to make sure our presence is as strong in the US as it is in Europe and, by acquiring Fivestars, SumUp will deliver for US-based merchants as it has in other international markets,” Marc-Alexander Christ, SumUp Co-founder.