Tech Company M&A Transactions

iZettle Acquisition

Headquartered in Stockholm, iZettle was acquired by PayPal. The parties disclosed the acquisition price to be $2.2 billion.

Transaction Overview

Company Name
Acquired By
Announced On
5/17/2018
Transaction Type
M&A
Amount
$2,200,000,000
M&A Terms
PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
Regeringsgatan 59
Stockholm, 11156
Sweden
Phone
Undisclosed
Email Address
Overview
iZettle is the number one provider of mobile payment services and apps in Europe and Latin America. From card readers for smartphones and tablets to cash registers, sales tools and cash advances, all of iZettle's solutions are simple to set-up, super secure and designed to help small businesses grow.
Profile
iZettle LinkedIn Company Profile
Social Media
iZettle Company Twitter Account
Company News
iZettle News
Facebook
iZettle on Facebook
YouTube
iZettle on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jacob Geer
  Jacob Geer LinkedIn Profile  Jacob Geer Twitter Account  Jacob Geer News  Jacob Geer on Facebook


 

 

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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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