SumUp: how to stumble into building an €8b company, with Co-Founder Marc-Alexander Christ
How much of your success is down to luck?
Marc-Alexander Christ is the Co-Founder of SumUp, which was recently valued at €8b. He says being in the right place at the right time was a big factor in him starting the company.
SumUp is a fintech best known for supplying card readers to small businesses so they can take payments. You may have seen them, and have probably used them because they work with over four million merchants worldwide.
It hasn’t always gone their way though. As well as some early mistakes that could have proved fatal, they were initially hit hard by the pandemic, which saw their revenue drop around 80% almost overnight.
Find out how they managed to adapt and how Marc says you can make the most of the luck you get dealt in life.
--
Sponsors
Vorboss - get better internet: https://vorboss.com/secretleaders
Vanta - get 20% off security certifications like ISO27001 and SOC2: https://vanta.com/secretleaders
Vertice - save on your SaaS or cloud spend ($5k off or a free benchmark) using the code secretleaders: https://www.vertice.one/l/secretleaders
--
Newsletter
Sign up here: https://secretleaders.email/
You can find our historic newsletters here: https://www.secretleaders.com/episodes
Learn more about your ad choices. Visit megaphone.fm/adchoices