#PayTech / London payments firm SumUp buys digital PoS fintech Goodtill

SumUp, the London-based mobile payments firm, has acquired Goodtill, a digital point-of-sale software provider. Founded in 2021, Goodtill now processes transactions totaling more than £500 million each year.

It has some 1,200 customers in hospitality. Goodtill’s iPad-based PoS systems sit in more than 450 venues. These include cafes, restaurants, pubs, bars, nightclubs, offices, schools hotels, and major sports stadiums.

Goodtill’s product Goodeats, which helps cafes and restaurants collect money for delivery orders, has processed some one million transactions since it launched.

Founded in 2011, SumUp’s plan is to continue bolstering its portfolio with more products through acquisitions of smaller firms like Goodtill.