iZettle, the social payments company, creates services for person-to-person and business-to-consumer commerce. The first service includes a fully integrated payments solution, consisting of an app, a chip-card reader and a free business management software tool that lets anyone take card payments and manage their business.
Founded in 2010 by serial entrepreneurs Jacob de Geer and Magnus Nilsson and later funded by Index Ventures, Greylock Partners, Creandum, Northzone, MasterCard, American Express, Banco Santander, SEB Private Equity, iZettle is headquartered in Stockholm, Sweden.
The iZettle service was first launched in Sweden in the summer of 2011 and is now available to individuals and small businesses across Sweden, Norway, Denmark, Finland, The United Kingdom, German, Spain, Mexico and Brazil.
Funding Rounds (4) - $6.8MUpdate
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- 11/13/12 -techcrunch.com