The amount of the deal was not disclosed.
The acquisition, the latest in a series of strategic deals secured by the company to bolster its product portfolio, following the 2018 acquisition of Debitoor, for accounting and invoicing, and 2019 acquisition of Shoplo, for e-commerce, allows SumUp to further strengthen its value proposition and build new solutions for merchants in the restaurant and hospitality space.
SumUp will invest further into Goodtill’s team and products.
Founded by Animesh Chowdhury, Jonathan Hunot and Oliver Rowbory, Goodtill is a provider of iPad POS software in the UK & Ireland, powering some of the UK’s most exciting businesses and the largest names in hospitality with £500m of transactions processed annually. It has more than 1,200 customers in hospitality, with POS systems in over 450 cafes and restaurants, along with pubs, bars and nightclubs, hotels, major sports stadiums, offices and schools. Notable clients include Uber Boat by Thames Clippers, Edinburgh Fringe, The SSE Arena Wembley, The Kia Oval, and Leicester City Football Club.