Zettle

Acquired

Point of Sale System | POS System | PayPal US

Stockholm, Sweden · Founded 2010 · $217.9M raised

Headquarters
Stockholm
Employees
501–1000
Founded
2010
Business Model
B2B
Website
zettle.com
Total Funding
$217.9M
Last Round
$47.0M Series EDec 2017
Rounds
5
Acquired by
PayPalMay 2018

About

Zettle, now operating as PayPal Zettle, is a Swedish financial technology company founded in Stockholm in 2010. The company pioneered mobile payments in Europe with the world's first mini chip card reader and software for small businesses. Acquired by PayPal in 2018 for $2.2 billion, Zettle provides point-of-sale hardware, payment processing, inventory management, and business analytics tools that enable small and medium-sized businesses to compete with larger retailers.

Summary

Zettle is a Fintech company based in Stockholm, Sweden, founded in 2010. It has raised $217.9M in total across 5 rounds, most recently a $47.0M Series E round in Dec 2017. Investors include Index Ventures, Dawn Capital and Intel Capital.

Tech & App Stack

15 technologies & apps tracked

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Funding History

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AcquisitionMay 2018
$2.2B

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Investors

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Zettle on Indexed.vc
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