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§ Private Profile · Stockholm, Sweden
Zettle by PayPal is a company.
Zettle by PayPal has raised $477.0M across 13 funding rounds.
Key people at Zettle by PayPal.
Zettle by PayPal has raised $477.0M in total across 13 funding rounds.
Zettle by PayPal provides integrated point-of-sale (POS) systems, offering hardware and software solutions. These systems facilitate efficient payment processing and sales tracking, delivering customizable, standalone, or all-in-one devices. The technology streamlines daily operations and manages transactions across customer interactions.
Founded in Stockholm in 2010 by Magnus Nilsson and Jacob De Geer, Zettle, originally iZettle, aimed to empower small businesses. Their insight focused on providing accessible payment and management tools. De Geer, an early employee at TradeDoubler, significantly shaped this vision, leading to the company's acquisition by PayPal.
Zettle serves small to medium-sized businesses needing user-friendly tools for sales and payment acceptance. Its flexible solutions support various business types, from individual operators to multi-checkout establishments. The company’s vision is to equip these businesses with essential technology, simplifying operations and fostering growth in a competitive market.
Key people at Zettle by PayPal.
Zettle by PayPal is a point-of-sale (POS) and small‑business payments business that began as Swedish fintech iZettle and was acquired and integrated into PayPal’s merchant stack to serve in‑person and omnichannel sellers worldwide[1][2].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Overall, Zettle by PayPal started as a disruptive mobile card‑reader startup and has evolved into PayPal’s small‑business POS and in‑person payments arm, notable for simple, integrated tools that help merchants move from cash to digital payments and connect in‑store and online sales[1][2][3].
Zettle by PayPal has raised $477.0M across 13 funding rounds. Most recently, it raised $74.2M iZettle - Series D Extension in April 2018.
Zettle by PayPal has raised $477.0M in total across 13 funding rounds.
Zettle by PayPal's investors include Athanase, Norron, Northzone, SEB Stiftelsen, Swedbank Robur, Dawn Capital, Per Colleen, AME Cloud Ventures, Hardware Club, Kleiner Perkins, Menlo Ventures, Alexander Stubb.