Markets

Square sinks after Paypal acquires iZettle to better compete in payments

Square shares are lower after Paypal announced it will acquire iZettle, a European fintech startup. iZettle will allow Paypal to compete better in the point-of-sale business where Square previously had a large advantage. Watch Square trade in real-time here. Square shares are down more than 4% in Friday after Paypal […]
Square sinks after Paypal acquires iZettle to better compete in payments
News

Swedish pension fund backs card reading startup iZettle in €40 million round

iZettle raises €40 million from VC firm Dawn and The Fourth Swedish National Pension Fund. iZettle makes card readers for small businesses. Swedish company says funding will “accelerate our ambitious growth plan.” LONDON – Swedish card reading startup iZettle has raised €40 million (£35.2 million) to fund growth, just months […]
Swedish pension fund backs card reading startup iZettle in €40 million round