Founded in 2012 by Rocket Internet, payleven was a leading European mobile payments company designed to cater to small and medium-sized businesses. It provided a compact and secure Chip & PIN card reader that connected to smartphones and tablets, allowing merchants to accept debit and credit card payments anywhere. The company operated in a highly competitive market against rivals like iZettle and SumUp. In April 2016, payleven merged with its direct competitor, SumUp, to create a dominant force in the European mobile point-of-sale market. Following the merger, the payleven brand and its services were gradually consolidated into the SumUp platform.

Founded in

Germany