iZettle

Overview

Acquired by 
PayPal
Number of Acquisitions 
1
iZettle
iZettle, a mobile payments company, offers small businesses with portable point-of-sale solutions and free sales overview tools.
Categories 
Financial Services, FinTech, Mobile Payments, Point of Sale, Software
Headquarters Regions 
European Union (EU), Nordic Countries, Scandinavia
Founded Date 
Apr 1, 2010
Founders 
Jacob De Geer, Magnus Nilsson
Operating Status 
Active
Funding Status 
M&A
Last Funding Type 
Series E
Number of Employees 
251-500
Also Known As 
iZettle AB
IPO Status 
Private
Company Type 
For Profit
Website 
www.izettle.com
Facebook 
View on Facebook
LinkedIn 
View on LinkedIn
Twitter 
View on Twitter
Contact Email 
hello@izettle.com

iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world use iZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding

Read More

Siftery

Total Products Active 55
Total Product Changes 10.5%

Acquisition Details

Transaction Name 
iZettle acquired by PayPal
Acquired by 
PayPal
Announced Date 
May 17, 2018
Price 
$2.2B

Funding Rounds

Number of Funding Rounds 
10
Total Funding Amount 
€273.2M
iZettle has raised a total of €273.2M in funding over 10 rounds. Their latest funding was raised on Dec 13, 2017 from a Series E round.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Dec 13, 2017
Series E - iZettle
2€40M Dawn Capital, Fourth Swedish National Pension Fund
Sep 19, 2017
Debt Financing - iZettle
1€30M European Investment Bank (EIB)
Jan 10, 2017
Debt Financing - iZettle
1€45M
Sep 11, 2016
Series D - iZettle
8€15M
Aug 28, 2015
Series D - iZettle
12€60M Intel Capital, Zouk Capital LLP
Jun 22, 2015
Series C - iZettle
2
May 9, 2014
Series C - iZettle
12€45M Zouk Capital LLP
Jun 11, 2013
Venture Round - iZettle
1€5M Santander InnoVentures
Jun 15, 2012
Series B - iZettle
8€25M 83North, Northzone
Oct 18, 2011
Series A - iZettle
3€8.2M Index Ventures

Investors

Acquisitions

Number of Acquisitions 
1
iZettle has acquired Intelligent Point of Sale on Sep 6, 2016.
Acquired Organization Name  
Announced Date  
Price  
Transaction Name  
Intelligent Point of Sale
Sep 6, 2016
Intelligent Point of Sale acquired by iZettle

Related Hubs

Company Tech Stack by Siftery

iZettle uses 31 technology products and services including Google AnalyticsWordPress, and G Suite (formerly Google Apps for Work).

Mobile App Metrics by Apptopia

Downloads Last 30 Days 
155,299
Monthly Download Growth 
31.45%
iZettle has 155,299 monthly app downloads. The most popular apps downloaded are iZettle Go: the easy POS and Wrench.
App Name  
App Store  
Monthly Downloads  
iZettle Go: the easy POS
Google Play, Itunes Connect 155,299
Wrench
Google Play

Website Tech Stack by BuiltWith

iZettle is actively using 82 technologies for its website. These include Viewport MetaIPhone / Mobile Compatible, and SPF.

Web Traffic by SimilarWeb

iZettle is ranked 27,384 among websites globally based on its 2,336,961 monthly web visitors.

Patents and Trademarks by IPqwery

iZettle has registered 7 trademarks with the most popular class being 'Scientific and electric apparatus and instruments'.

Interest Signals by Bombora

iZettle employees are showing high interest in Email Service ProvidersMailChimp, and GoToMeeting.

Competitors & Revenue by Owler

iZettle has $5M in revenue annually. iZettle competes with ShopKeepCayan, LLC, and Validis.

IT Spend by Aberdeen

This year, iZettle is projected to spend $39.4K on IT.

Current Team

Number of Current Team Members 
6
iZettle has 6 current team members, including CFO Maria Hedengren.
Johan Bendz
Chief Strategy & Communications Officer
Jacob De Geer
Co-Founder & CEO
Leo Nilsson
Chief Product Officer
Magnus Nilsson
Founder and Executive Chairman
Robin Knox
Consultant

Board Members and Advisors

Number of Board Members / Advisors 
9
iZettle has 9 board members and advisors, including Daniel Blomquist.
Daniel Blomquist
Board Observer
2013
Johan Brenner
Board Member
2011
Laurel Bowden
Board Member
Elias Korosis
Board Member
Nathan Medlock
Board Member
Jun 1, 2014
Josh Bell
Board Observer

Past Team

Number of Past Team Members 
19
iZettle has 19 past team members, including Managing Director, Edinburgh Office Robin Knox.
Person Name  
Title At Company  
Start Date  
End Date  
Robin Knox
Managing Director, Edinburgh OfficeSep 2017Apr 2018
Hanna Brochs
Head of Social MediaJan 2017Aug 2017
Carl-Richard Häggman
Lending LeadJan 1, 2016Aug 2017
Andreas Meisingseth
Head of Analytics PlatformFeb 2016Jul 2017
Thor Olof Philogène
VP Growth / Chief Revenue OfficerAug 1, 2012May 1, 2017

Events

Number of Events 
1
iZettle has participated in 1 event, Xerocon London 2017 on Oct 4, 2017.
Xerocon London 2017
Exhibitor
Oct 4, 2017

Recent News & Activity

Number of Articles 
549
Date
Activity

Twitter

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