Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$172.29M in 5 Rounds from 16 Investors
Headquarters:
Stockholm, Stockholms Lan
Description:
iZettle, a leading mobile payments company, offers small businesses portable point of sale solutions and free sales overview tools.
Founders:
,
Categories:
Mobile Payments, Point of Sale, Financial Services, Software
Website:
http://www.izettle.com
Social:

Company Details

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iZettle, the number one mobile payments provider in Europe and Latin America, was founded in 2010 and launched its services in 2011, offering an easy way to take card payments using mini credit card readers that transform smartphones and tablets into cash registers. Fast forward a few years, and today hundreds of thousands small businesses come to iZettle for tools to grow their sales. The company offers includes everything from credit card readers to complete point of sale solutions and free sales overview tools. In February 2015, iZettle launched the Card Reader Lite, the first ever free of charge Chip & Pin card reader in the world. In May 2015, iZettle launched a card reader to support Apple Pay and contactless payments.

iZettle is headquartered in Stockholm, Sweden. It was founded in 2010 by serial entrepreneurs Jacob de Geer and Magnus Nilsson and has later received funding by Index Ventures, Greylock Partners, Creandum, Northzone, MasterCard, American Express, Banco Santander, SEB Private Equity, Zouk Capital, Dawn Capital, Intel Capital and Hasso Plattner Ventures.

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, The Netherlands, France, Mexico and Brazil.

Funding Rounds (5) - $172.29M

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DateAmount / RoundValuationLead InvestorInvestors
Aug, 2015€60M / Series D14
May, 2014€40M / Series C12
Jun, 2013€5M / Undisclosed1
Jun, 2012€25M / Series B7
Oct, 2011€8.2M / Series A3

Acquisitions (1)

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DateAcquiredAmount
Sep 6, 2016Unknown

Current Team (7)

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Products (1)

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  • Allows iZettle to help customers access needed capital that banks aren’t always willing to supply and tap into

Competitors (4)

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  • payleven offers client software and payment platforms designed to accept credit card payments from customers on any mobile device.
  • Square is a merchant services aggregator and mobile payment company that aims to simplify commerce through technology.
  • SumUp is a European mobile point-of-sale (mPOS) company that facilitates the acceptance of card payments.
  • Worldpay is a financial technology company, specializing in payment processing around the globe.

Partners (2)

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  • Xero provides beautiful cloud accounting software for accounting professionals and small businesses, with over 600,000 global customers
  • Vend is web-based POS and retail management software for store owners to have visibility and centralized control of their retail stores.

Offices/Locations (6)

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  • Berlin

    Große Hamburger Str. 32

    Berlin, 10115

    DEU

  • London

    8-10 Grosvenor Gardens

    London, SW1W 0DH

    GBR

  • Sao Paulo

    Rua Oscar Freire, 379, 12º andar, cj. 121, sala 6 Jardim Paulista

    São Paulo, CEP 01426-001

    BRA

  • Mexico City

    Miguel de Cervantes Saavedra 193-802, Col. Granada, Del. Miguel Hidalgo

    Mexico D.F, C.P. 11520

    MEX

  • Headquarters

    Regeringsgatan 59

    Stockholm, Stockholms Lan 111 56

    Sweden

  • Madrid

    Calle Velázquez, 50 - 3ª

    Madrid, 28001

    ESP

Past Team (2)

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Images (3)

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Videos (1)

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