About Zettle
Zettle is a company based in Stockholm (Sweden) founded in 2010 by Magnus Nilsson was acquired by PayPal in May 2018. Zettle has raised $191.43 million across 12 funding rounds from investors including Mastercard, PayPal and Intel. Zettle has completed 1 acquisition, including Intelligent PoS. Zettle offers products and services including POS Systems, Card Reader, and Payment Terminal. Zettle operates in a competitive market with competitors including Square, Ezetap, Ocado Group, Ingenico and ITAB, among others.
- Headquarter Stockholm, Sweden
- Founders Magnus Nilsson
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Sectors
RetailFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Izettle Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$191.43 M (USD)
in 12 rounds
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Latest Funding Round
$47.03 M (USD), Series E
Dec 03, 2017
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Investors
Mastercard
& 19 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
PayPal
(May 17, 2018)
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Products & Services of Zettle
Zettle offers a comprehensive portfolio of products and services, including POS Systems, Card Reader, and Payment Terminal.
Software for handling payments and tracking sales securely.
Device for accepting card payments in business settings.
Terminal for processing and managing financial transactions.
People of Zettle
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Software Development Team
374 people
Leadership Team
144 people
Sales and Marketing
97 people
Data Analysis and Operations Team
76 people
Product Management Team
56 people
Senior Team
36 people
Finance and Accounting
35 people
Operations Team
34 people
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Funding Insights of Zettle
Zettle has successfully raised a total of $191.43M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $47.03 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Zettle
Zettle has secured backing from 20 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, PayPal and Intel.
| Investor | Description | Founded Year | Domain | Location |
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Dawn Capital is focused on investing in European software startups.
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Locked | Locked | Locked | |
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Finance and advisory services for infrastructure projects are provided.
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Blank check and private debt firm focused on multiple sectors
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Locked | Locked | Locked |
Investor details for Zettle
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Zettle
Zettle has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intelligent PoS.
Investment portfolio details for Zettle
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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mPoS app/software provider.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Zettle
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
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Financial Statements - Zettle
Detailed financials for Zettle
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- Profit trends
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Zettle Comparisons
Peer comparison for Zettle
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- Headcount comparison
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Competitors of Zettle
Zettle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Ezetap, Ocado Group, Ingenico and ITAB, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
POS solutions are provided for retail businesses.
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| Locked | Locked | Locked |
Cloud-based mPOS software and hardware solutions are provided for businesses.
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| Locked | Locked | Locked |
Software solutions for online grocery fulfillment and operations are provided.
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| Locked | Locked | Locked |
POS hardware and software solutions are provided to businesses.
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| Locked | Locked | Locked |
Self-checkout solutions are provided for retail businesses worldwide.
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Detailed competitors of Zettle
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Verified entity values are shown only after access is granted.
Latest news on Zettle
Complete news archive for Zettle
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- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Zettle
Zettle was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Zettle is headquartered in Stockholm, Sweden.
Zettle is a funded company, having raised a total of $191.43M across 12 funding rounds to date.
Zettle was founded in 2010 in Stockholm, Sweden, within the fintech sector. Solutions for payment processing are provided to merchants and businesses, encompassing hardware-based POS terminals, link-based payments, QR code options, and gateways. Transactions are enabled via physical or NFC-enabled cards, bank transfers, digital wallets, and similar methods. Checkout functionalities are also supported across operations in Europe and beyond.
Zettle offers POS Systems, Card Reader, and Payment Terminal.
Zettle has made 1 acquisition, including Intelligent PoS.
Zettle has 20 investors. Key investors include Mastercard, PayPal, Intel, Santander, and SEB.