iZettle

izettle.com

t: @iZettle

CEO:  

Founder(s): Jacob de Geer, Magnus Nilsson

Founded: 2010

Sectors:  Mobile Payments 

Total Funding: Acquired by PayPal May 2018 for $2.2Bn

HQ: Stockholm, Sweden

In The Hall of Fame .... for Imagining a Wallet-Free World

Following a €60m funding in 2015, Swedish Mpos vendor iZettle announced its move into small business financing by providing SMEs with an advance based on future card sales. IZettle was acquired by PayPal in May 2018 for £2.2Bn in a move intended to help accelerate growth and deliver a seamless commerce experience for PayPal’s merchants. PayPal and iZettle brands and operations will be held separately, pending completion of a review. by the UK Competition and Markets Authority