20 January 2017
visit http://www.wolterskluwerfs.com

Sweden's iZettle raises €60 million in funding

11 January 2017  |  3564 views  |  0 izettle sdk

Swedish mPOS firm iZettle has raised €60 million in funding and appointed a new chief financial officer.

The latest round is made up of equity from existing investors in a Series D extension as well as debt funding from US based, Victory Park Capital via its credit fund, VPC Speciality Lending PLC.

Stockholm-based iZettle has previously raised around €140 million, including a €60 million bounty in late 2015 to fund a move into small business financing.

The past year has seen iZettle deeper into the merchant value chain, adding loyalty features and further bolstering its offering via the acquisition of Scottish startup intelligentpos.

In addition to the funding, iZettle has appointed Maria Hedengren as CFO. Hendgren formerly served as CFO of publicly-listed games company NetEnt.

Jacob de Geer, founder and CEO of iZettle, says: “Maria’s passion is gearing companies for growth and is exactly the type of person we need to get ready for the plans we have for 2017 and beyond.”
KeywordsFINDEX

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

IZettle acquires Scottish point of sale app intelligentpos

IZettle acquires Scottish point of sale app intelligentpos

07 September 2016  |  3738 views  |  1 comments | 10 tweets | 1 linkedin
IZettle moves into small business financing

IZettle moves into small business financing

16 February 2016  |  7732 views  |  1 comments | 19 tweets | 11 linkedin
Swedish mPOS firm iZettle raises EUR60m for move into small business lending

Swedish mPOS firm iZettle raises EUR60m for move into small business lending

28 August 2015  |  8849 views  |  0 comments | 13 tweets | 8 linkedin
IZettle gets ready for Apple Pay with new contactless dongle

IZettle gets ready for Apple Pay with new contactless dongle

19 May 2015  |  8180 views  |  0 comments | 15 tweets | 15 linkedin
IZettle launches free-of-charge Chip and PIN reader

IZettle launches free-of-charge Chip and PIN reader

17 February 2015  |  8988 views  |  4 comments | 20 tweets | 11 linkedin
IZettle raises EUR40m

IZettle raises EUR40m

09 May 2014  |  5859 views  |  4 comments | 8 tweets | 7 linkedin
Swedish Mpos vendor iZettle poised for global expansion

Swedish Mpos vendor iZettle poised for global expansion

14 June 2013  |  6175 views  |  0 comments | 4 tweets | 2 linkedin
Banco Santander invests EUR5 million in iZettle

Banco Santander invests EUR5 million in iZettle

11 June 2013  |  7372 views  |  0 comments | 11 tweets | 4 linkedin
IZettle ships chip and PIN reader

IZettle ships chip and PIN reader

20 February 2013  |  12717 views  |  2 comments | 21 tweets | 10 linkedin
AmEx invests in iZettle; O2 launches PINpad for mobile payments

AmEx invests in iZettle; O2 launches PINpad for mobile payments

23 October 2012  |  10440 views  |  0 comments | 14 tweets | 3 linkedin
MasterCard joins EUR25m iZettle funding round

MasterCard joins EUR25m iZettle funding round

15 June 2012  |  12019 views  |  10 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit wavestone.co.ukVisit contisgroup.com

Who is commenting?

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
15813 views comments | 88 tweets | 110 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
12566 views comments | 48 tweets | 44 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
10929 views comments | 31 tweets | 20 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
6283 views comments | 21 tweets | 22 linkedin
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
5975 views comments | 37 tweets | 34 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job