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.

Stockholm, SE
337 (est)+5%

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

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


Total Funding

$244 M

Latest funding size

$68.2 M

Time since last funding

about 1 year


Index Ventures, Creandum, Northzone, Intel Capital, Greylock Partners, American Express, Dawn Capital, Hasso Plattner Ventures, MasterCard, SEB Private Equity, Zouk Capital, Index Ventures, Creandum, Northzone, Intel Capital, Dawn Capital, 83North, Zouk Capital LLP, Santander Innoventures, Creandum, Intel Capital, 83North, Zouk Capital LLP

iZettle Financials

Q4, 2014


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