iZettle

Acquired

Point of Sale System | POS System | PayPal US

Stockholm, Sweden · Founded 2010 · $51.9M raised

Headquarters
Stockholm
Employees
201–500
Founded
2010
Business Model
B2B
Total Funding
$51.9M
Last Round
$31.4M Venture RoundJun 2012
Rounds
3

About

iZettle (now Zettle by PayPal) was a Swedish fintech company that developed mobile point-of-sale systems enabling small businesses to accept card payments via smartphone. Founded in 2010 by Jacob de Geer and Magnus Nilsson, iZettle expanded across Europe and Latin America before being acquired by PayPal in 2018 for $2.2 billion.

Summary

iZettle is a Fintech company based in Stockholm, Sweden, founded in 2010. It has raised $51.9M in total across 3 rounds, most recently a $31.4M Venture Round round in Jun 2012. Investors include Greylock Partners, Index Ventures and Mastercard.

Tech & App Stack

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Funding History

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Venture RoundVentureJun 2012
$31.4M

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Series A through Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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iZettle on Indexed.vc
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