Search Results for "Zettle"
3 results for "Zettle"
Deals 3
Migrant Banking Platform Majority Raises $20M in Fifth Funding Round
Majority, a mobile banking platform serving migrants, raised $20 million ($12.5M equity, $7.5M debt) in its fifth funding round. The round was led by prominent fintech founders including Klarna co-founder Victor Jacobsson and iZettle co-founders, with follow-on from Avid Ventures, Valar Ventures, and Heartcore Capital. The funding supports the company's push toward profitability.
PayPal Launches Tap to Pay on Android for U.S. Merchants
PayPal launched Tap to Pay on Android for U.S. merchants through its Venmo and Zettle apps, enabling contactless payment acceptance without additional hardware. This embedded finance capability allows merchants to turn Android phones into payment terminals. The launch followed PayPal's earlier iOS support and trailed competitors Stripe and Square.
PayPal Acquires iZettle for $2.2 Billion to Expand POS Capabilities
PayPal announced an all-cash acquisition of Stockholm-based payments startup iZettle for $2.2 billion to bolster its point-of-sale capabilities. The deal positioned PayPal to compete more directly with Square and Stripe in offline small-business payments. iZettle operated in 12 markets across Europe and Mexico, processing $6 billion in payment volume.