Search Results for "iZettle"
2 results for "iZettle"
Deals 2
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 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.