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  • Portfolio News
  • 18 May 2018
  • 2 min read
  • Words: Northzone

iZettle joins forces with PayPal

Today is a huge day for fintech and Nordic tech, as iZettle announces they are joining forces with PayPal, in a $2.2 billion all-cash deal.

We are so proud of what Jacob, Magnus, and the iZettle team have built over these years, creating a platform for small businesses everywhere. We feel privileged to have played a small role on their journey since Pär-Jörgen Pärson led our investment in 2012.

Read more from Jacob de Geer here: https://www.izettleinvestors.com/en/an-open-letter-from-jacob-de-geer-izettle-to-join-forces-with-paypal/