• PayPal Makes Its Biggest Acquisition Ever By Acquiring Swedish Firm iZettle For $2.2 Billion

    7 days ago - By Forbes

    Stockholm emerges as Europe's hottest startup hub: only a month ago Spotify had one of the 10 largest IPOs in history, and another Swedish fintech company, Klarna, was recently valued at $2.5 billion.
    Read more ...

     

  • Square sinks after Paypal acquires iZettle to better compete in payments

    Square sinks after Paypal acquires iZettle to better compete in payments

    7 days ago - By Business Insider

    Square shares are lower after Paypal announced it will acquire iZettle, a European fintech startup.
    iZettle will allow Paypal to compete better in the point-of-sale business where Square previously had a large advantage.
    Watch Square trade in real-time here.
    Square shares are down more than 4% in Friday after Paypal announced it will acquire European fintech company iZettle for $2.2 billion .
    The acquisition of iZettle, which produces mini credit card readers for smartphones and tablets, would help Paypal compete better in the point-of-sale business where Square has historically had an...
    Read more ...

     

  • Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square

    Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square

    7 days ago - By Business Insider

    Paypal announced it is acquiring iZettle, a European competitor of Square, for $2.2 billion.
    The $2.2 billion deal is Paypal's largest acquisition to date and would put the company in the field of physical payments.
    Watch Paypal trade in real-time here.
    Paypal is up almost 2% in pre-market trading after announcing it will pay $2.2 billion to acquire iZettle. The Stockholm-based payments company offers mini credit card readers that allow smartphones and tablets to take payments, making it a competitor to Square. The deal, if closed, would be Paypal's largest acquisition, putting it in the...
    Read more ...

     

  • PayPal buys iZettle for $2.2BN to expand in-store presence - CNET

    7 days ago - By CNET

    The Swedish payments company was preparing to IPO when PayPal swooped in and snapped it up.
    Read more ...

     

  • PayPal snaps up iZettle in $2.2bn deal

    PayPal snaps up iZettle in $2.2bn deal

    7 days ago - By TechRadar

    PayPal could well be set to move further into high-street shopping after acquiring iZettle for $2.2bn. The Swedish firm is best known for its portable point of sale readers, which can plug into a smartphone or tablet to allow businesses of any size to quickly and easily begin accepting card or contactless payments. The deal could well see PayPal move out of the online world and become a recognised form of payment in shops using iZettle's card readers, competing with the likes of Apple Pay. Reports last month suggested that PayPal could be moving into supplying debit cards as it looks to...
    Read more ...