• PayPal confirms that it is buying payments startup iZettle for $2.2B in an all-cash deal

    3 monthes ago - By Tech Crunch

    PayPal is taking its biggest bet yet on point-of-sale transactions, small businesses, and markets outside of the US, as it looks to raise its game against Square, Stripe and others in the world of payments: the company has confirmed that it is buying iZettle - the Stockholm-based payments provider commonly referred to as the “Square of Europe” - for $2.2 billion in an all-cash deal.
    The deal - which is expected to close in Q3 2018 - will see iZettle's co-founder and CEO Jacob de Geer stay on leading iZettle. He will report to PayPal's COO Bill Ready. Others in iZettle's exec team will also...
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  • PayPal in advanced talks to buy Sweden's iZettle: Sky News

    3 monthes ago - By Reuters

    PayPal Holdings Inc is in advanced talks to buy Swedish payment group iZettle, Sky News reported on Thursday, citing sources familiar with the matter.
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