iZettle, the social payments company, creates services for person-to-person and business-to-consumer commerce. This services include 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. 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. There are no startup costs, no contracts, and no monthly fees to worry about. Instead, the Company offers a powerful set of tools that help entrepreneurs start, run and grow their businesses. 

Type
Subsidiary
Parent Company
PayPal
HQ
Stockholm, SE
Founded
2010
iZettle was founded in 2010 and is headquartered in Stockholm, SE
Report incorrect company information

Key People/Management at iZettle

Jacob De Geer

Jacob De Geer

Founder and CEO
Daniel Blomquist

Daniel Blomquist

Board Observer

iZettle Office Locations

iZettle has offices in Berlin, London, Mexico City, Stockholm and in 2 other locations
Stockholm, SE (HQ)
59 Regeringsgatan
São Paulo, BR
1289 R. Alvorada
Berlin, DE
1 Kemperpl.
Berlin, DE
32 Große Hamburger Str.
Mexico City, MX
Miguel de Cervantes Saavedra 193-802, Col. Granada, Del. Miguel Hidalgo
London, GB
8-10 Grosvenor Gardens
Show all (7)
Report incorrect company information

iZettle Financials and Metrics

iZettle Financials

iZettle's revenue was reported to be kr966 m in Y, 2017
SEKFY, 2014FY, 2015FY, 2016Y, 2017E

Revenue

189.8 m345.7 m643 m966 m

Revenue growth, %

82%86%

EBITDA

(223.1 m)(252.7 m)

EBITDA margin, %

(118%)(73%)
sekY, 2014Y, 2015

Cash

245.3 m

Total Assets

378.2 m715 m

Total Debt

1.1 m

Total Liabilities

84.6 m155.9 m
Show all financial metrics

iZettle Operating Metrics

May, 2018

Daily Business Subscribers

1 k

Markets

12
Show all operating metrics
Report incorrect company information

iZettle News and Updates

With iZettle acquisition, PayPal looks to block Square’s overseas ambitions

PayPal agreed to buy iZettle, known as the “Square of Europe,” for $2.2 billion in cash on Thursday. Well, that was awkward. Last week, PayPal agreed to buy iZettle, known as the “Square of Europe,” for $2.2 billion in cash, making the deal the payments company’s largest acquisition to date. Bloombe…

UPDATE 4-PayPal expands retail payments with $2.2 bln iZettle buy

NEW YORK/STOCKHOLM, May 18 (Reuters) - PayPal Holdings Inc has agreed to buy Swedish financial technology startup iZettle for $2.2 billion in the U.S. online payments provider's biggest ever acquisition.

PayPal’s 5 biggest acquisitions before its $2.2 billion iZettle deal

ANALYSIS: PayPal announced last night that it is buying European Square competitor iZettle in a deal worth $2.2 billion. While this may raise questions around the ambitions of European technology startups, given that iZettle had recently revealed its intention to go public, it also highlighted how e…

PayPal's $2.2 billion acquisition of Swedish card terminal startup iZettle makes perfect sense — and Square should be worried (PYPL, SQ)

PayPal is buying Swedish card reading startup iZettle for $2.2 billion. The deal looks expensive at 20x revenues and double iZettle's expected IPO valuation. But iZettle's in-store offering complements PayPal's online prowess and gives it a much more powerful sales pitch to take to businesses. Pay…

Why Sweden’s iZettle sold to PayPal for $2.2 billion rather than IPO

The announcement that Sweden’s iZettle was going to go public just 10 days ago provoked cheers among European tech boosters that proved to be short-lived. Rather than watching the rise of an independent tech company, yet another local startup was being gobbled up by a U.S. tech giant. In this case, …

PayPal buying iZettle for $2.2bn

All cash deal is PayPal's biggest yet, and could signal further move to high-street payments.
Show more
Report incorrect company information