European rival to PayPal and Square makes $317 million acquisition to expand in the U.S.

Square. As the start-up plots an expansion in the U.S., rivalry with those big players is set to intensify. But SumUp thinks there's enough room for a number of different companies to co-exist.

Helms said the U.S. market has seen a shift in spending patterns during the coronavirus pandemic, with payment options like non-physical transactions, invoicing and payment links seeing increased growth.

Thank you！

I don’t think anybody is interested in the USofA to set up another CashApp or Venmo account. That pool seems crowded. PoS is straight at this point too. FinTech

thanks

mtbarnet72

France Dernières Nouvelles, France Actualités

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