iZettle has agreed to be acquired by PayPal in a deal valuing the business at $2.2bn. Zouk has been an investor since 2014 and is the largest investor in iZettle.
CEO Jacob de Geer commented on the deal in a open letter.
An open letter from Jacob de Geer – iZettle to join forces with PayPal
May 18, 2018
Today is a very big day – for me and for...
iZettle, the Swedish financial technology company backed by Zouk Capital, has announced its intention to proceed with an initial public offering and to list its shares on Nasdaq Stockholm.
To read the full announcement please visit the iZettle website.
About iZettle
iZettle is on a mission to help small businesses succeed in a world of giants....
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Swedish pension funds AP1 and AMF have acquired shares in iZettle, investing a total of €20 million. The shares were acquired from early stage investors selling portions of their holdings.
The news follows the announcement of iZettle’s...
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