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. 

Company Growth (employees)
Type
Private
HQ
Stockholm, SE
Founded
2010
Size (employees)
456 (est)+3%
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

iZettle Office Locations

iZettle has offices in Stockholm, London, Mexico City, Berlin and in 2 other locations
Stockholm, SE (HQ)
59 Regeringsgatan
Berlin, DE
1 Kemperpl.
São Paulo, BR
1289 R. Alvorada
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
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iZettle Data and Metrics

Summary Metrics

iZettle's latest funding round in January 2017 was reported to be $17.8 m. In total, iZettle has raised $235.6 m. iZettle's latest valuation is reported to be $500 m.

iZettle Financial Metrics

iZettle's revenue was reported to be kr643 m in FY, 2016 which is a 86% increase from the previous period.
SEK

Revenue (FY, 2016)

643 m

Revenue growth (FY, 2015 - FY, 2016), %

86%

Net income (FY, 2016)

(228 m)

Market valuation

500 m
SEKFY, 2014FY, 2015FY, 2016

Revenue

189.8 m345.7 m643 m

Revenue growth, %

82%86%

Operating expense total

413.5 m

EBITDA

(223.1 m)(252.7 m)

EBITDA margin, %

(118%)(73%)

EBIT

(228.1 m)(258.7 m)

EBIT margin, %

(120%)(75%)

Pre tax profit

(197.2 m)(294.8 m)

Net Income

(197.6 m)(295.1 m)(228 m)
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
SEKY, 2016

Revenue/Employee

2.1 m

Traffic Overview of iZettle

iZettle Online and Social Media Presence

iZettle News and Updates

Here's what iZettle had to say about an IPO

Digital payments startup iZettle has landed further funding from top investors which values the Swedish firm at more than half-a-billion dollars and hired a finance chief, fuelling speculation of an IPO. But, the six-year-old startup which provides payment services for small merchants, said a pub…

European mobile payments company iZettle raises $63 million

European mobile payments processor iZettle has raised €60 million ($63.3 million) in equity funding from existing investors, which include Intel Capital and Zouk Capital, and debt funding from Victory Park Capital. Founded out of Sweden in 2010, iZettle is a similar proposition to Jack Dorsey’s Squa…

iZettle raises further €60 million, appoints new CFO

Swedish fintech company iZettle has raised €60 million in new funding and appointed Maria Hedengren as its new CFO. The new funding is an extension on its Series D round from existing investors along with debt funding from Victory Park Capital. The money will be used for further product expansion an…

Swedish payments startup iZettle has raised €60 million to fuel its growth

iZettle, a Swedish startup that allows individuals and small businesses to accept card payments via an app and a small card reader, has raised €60 million (£52 million, or $63 million) to fuel its growth. The money, announced by iZettle on Wednesday, comes from existing inve…

iZettle raises $63M more at a $500M valuation to expand from mobile payments

 The world of mobile payments continues to consolidate and mature, and today one of the leading players among European mobile payments startups has raised a significant round of money to help keep itself on top. iZettle, the Swedish company that offers a card reader that works with your smartphone o…

iZettle buys IntelligentPOS to expand from mobile payments to commerce solutions

 While Square continues to take small steps into Europe, a would-be homegrown rival has made its first acquisition to expand from mobile payments into a wider set of commerce solutions. iZettle — the Swedish mobile payments startup backed by the likes of Intel, American Express and Spanish banking g…
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iZettle Company Life and Culture

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