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.

Type
Private
HQ
Stockholm, SE
Founded
2010
Employees
350 (est)+4%
iZettle was founded in 2010 and is headquartered in Stockholm, SE

Key People at iZettle

Jacob De Geer

Jacob De Geer

Founder and CEO
Daniel Blomquist

Daniel Blomquist

Board Observer
Clara Armand-Delille

Clara Armand-Delille

PR
Francisco Vega

Francisco Vega

Head of Partner Development, Mexico
Sven Grundberg

Sven Grundberg

Head of Public Relations
Jens Münch

Jens Münch

Vice President of Strategic Partnerships

iZettle Locations

Stockholm, SE
London, GB
Mexico City, MX
Berlin, DE
Madrid, ES
São Paulo, BR

iZettle Metrics

iZettle Summary

Founding Date

2010

Total Funding

$244 M

Latest funding size

$68.2 M

Time since last funding

about 1 year

Investors

iZettle's latest funding round of $68.2 M was in October 2015. In total, iZettle has raised $244 M.

iZettle Financials

iZettle's revenue was kr190 M in Q4, 2014
Q4, 2014

Revenue

kr190 M

Operating expense total

kr414 M

Depreciation and amortization

kr-4.99 M

Pre tax profit

kr-197 M

Net Income

kr-198 M

iZettle Online Presence

iZettle News

iZettle Company Life

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