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November 15, 2012
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The landgrab among Square-influenced mobile payment companies in Europe continues apace: in today's development, SumUp - which launched in August with more than $20 million in backing from b-to-v Partners, Shortcut Ventures, Tengelmann Ventures and Klaus Hommels, the early Skype, Facebook and Xing investor - today is announcing that it is opening for business in Italy, Spain and The Netherlands, with sales offices opening in Milan, Madrid and Amsterdam.