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Latham & Watkins Advises Sixth Street Growth on €285 Million Funding Round for SumUp

January 11, 2024
Cross-border team represents the lead investor in growth financing, representing one of the largest fintech financings of 2023, for the leading global fintech unicorn SumUp.

Latham & Watkins has advised Sixth Street Growth on its investment in a €285 million funding round for SumUp, a leading global financial services company. The round was led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. The funding will be used to expand SumUp’s global footprint and deliver the tools and services that small merchants need to start, run, and grow their business.

Latham’s cross-border team was led by partners Huw Thomas, Haim Zaltzman, and Kem Ihenacho, with associates Roisin Mbonu and Nick Boulter. Additional advice on fintech regulatory matters was provided by partner Stuart Davis, with associates Sam Maxson and Jonathan Ritson-Candler; on employment and incentives matters by partner Kendall Burnett, with associate Erin McKirdy; on data privacy matters by associates Eing Neo and Elva Cullen; on corporate governance matters by associates Mair Williams and Tom Lane; and on structured finance matters by associate Chris Armstrong.