Based in Stockholm, iZettle was founded in 2010 by Jacob de Geer and Magnus Nilsson with a mission to help small businesses “succeed in a world of giants” by leveling the playing field against bigger retailers. iZettle revolutionized mobile payments with the world’s first mini chip card reader and software for mobile devices.
On May 17th, PayPal announces it signed an agreement to acquire iZettle, the leading small business commerce platform in Europe and Latin America. This is the largest acquisition in Paypal’s history (US$ 2,2, billion) and significantly expands its in-store presence around the world, strengthening its platform to help millions of small businesses around the world grow and thrive in an omnichannel retail
The combination of PayPal and iZettle brings together iZettle’s in-store expertise, digital marketing strength and mobile point-of-sale technology with PayPal’s global scale, online and mobile payments leadership and trusted brand reputation to support merchants and consumers in more ways.
iZettle and PayPal are a strong strategic fit, with a shared mission, values and culture—and complementary product offerings and geographies. Together, they probably will help small businesses around the world grow and thrive in the global digital economy.
Today, the company’s commerce solutions empower nearly half a million merchants across 12 countries and two continents to get paid, sell smarter and grow their businesses.
(Fonte: Reuters - 17.05.2018)
On May 17th, PayPal announces it signed an agreement to acquire iZettle, the leading small business commerce platform in Europe and Latin America. This is the largest acquisition in Paypal’s history (US$ 2,2, billion) and significantly expands its in-store presence around the world, strengthening its platform to help millions of small businesses around the world grow and thrive in an omnichannel retail
The combination of PayPal and iZettle brings together iZettle’s in-store expertise, digital marketing strength and mobile point-of-sale technology with PayPal’s global scale, online and mobile payments leadership and trusted brand reputation to support merchants and consumers in more ways.
iZettle and PayPal are a strong strategic fit, with a shared mission, values and culture—and complementary product offerings and geographies. Together, they probably will help small businesses around the world grow and thrive in the global digital economy.
Today, the company’s commerce solutions empower nearly half a million merchants across 12 countries and two continents to get paid, sell smarter and grow their businesses.
(Fonte: Reuters - 17.05.2018)
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