SumUp Launches Consumer Bank Accounts With 5% Cashback to Deepen Merchant Ecosystem

SumUp, a fintech focused on small business payments, has launched consumer bank accounts offering 5% cashback on purchases at its merchant network. The product aims to create a two-sided incentive system where consumers earn rewards while merchants receive zero transaction fees. The service is initially available in the UK, Ireland, Germany, France, Italy, and Spain, with plans to expand to all 38 of SumUp’s markets.

Irish HR Platform HR Duo Secures €1.6 Million to Accelerate UK Expansion

HR Duo, an Irish HR platform for SMEs with frontline workforces, raised €1.6 million led by Puma Growth Partners and Enterprise Ireland to expand in the UK and scale its SaaS infrastructure. The funding supports targeting a €500-700 million SME HRTech market, with plans to achieve 41% ARR growth in 2026.