# Zettle by PayPal: Financial services, Stockholm, Sweden

> Zettle by PayPal: Zettle by PayPal, formerly known as iZettle, is a Swedish financial technology company that specializes in mobile payments and...

Source: https://millionrounds.com/startup/zettle-by-paypal (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Financial services startup](https://millionrounds.com/companies)

# Zettle by PayPal

Zettle by PayPal, formerly known as iZettle, is a Swedish financial technology company that specializes in mobile payments and point-of-sale (POS) solutions for small and medium-sized businesses.

Funding reported Last round: Series E

Financial services Stockholm, Sweden

Company summary

- **Founded:** 2010 16 years old
- **Team:** 260 201 to 1,000 people
- **Funding reported:** 326.2M as listed, currency not stated
- **Last round:** Series E Dec 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Zettle by PayPal has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Zettle by PayPal

Zettle by PayPal, formerly known as iZettle, is a Swedish financial technology company that specializes in mobile payments and point-of-sale (POS) solutions for small and medium-sized businesses.

Founded in April 2010 in Stockholm, Zettle introduced the first mini chip-card reader for smartphones and tablets. In 2018, it became a wholly-owned subsidiary of PayPal Holdings, Inc. and has since integrated its services with PayPal's ecosystem. Zettle offers a range of services including mobile point-of-sale systems, secure in-person payment processing, QR code payments, invoice management, and sales analytics. The company provides hardware such as Bluetooth card readers and dedicated POS terminals, along with a mobile app and an online dashboard for business management. Zettle operates in Europe, the United States, and Latin America, serving a diverse clientele across various industries, including retail, food and beverage, and e-commerce. Its focus is on providing affordable, enterprise-level tools to help businesses thrive in a competitive landscape.

## What company datasets say Zettle by PayPal raised

Funding, as reported

Reported in all **326.2M** in the source's currency

Last round **Series E**

Last round size **47.3M**

Last round date **Dec 2017**

## The company, in detail

What they build

Known for

mobile payments consumers information technology & services financial services information technology saas technology software social payments e-commerce internet financial technology consumer internet mobile computer software b2b

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront Envoy HREF Lang PWA Paypal Linkedin Insight Tag PrestaShop YouTube

+8 more

Google Workspace Taboola Viewport Meta Google Play Apple iPhone Amazon Simple Email Service webpack C3.js

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 513210
- **Region:** Stockholms laen
- **Part of:** PayPal
- **Revenue:** 165M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/zettle-by-paypal)

## Financial services in Sweden

Startups like it

- [**Froda** Stockholm · founded 2015 *Raised*](https://millionrounds.com/company/froda)
- [**Anyfin** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/anyfin)
- [**Open Payments** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/open-payments)
- [**Zaver** Stockholm · founded 2016 *Raised*](https://millionrounds.com/company/zaver)
- [**Trustly** Stockholm · founded 2008](https://millionrounds.com/startup/trustly-2)
- [**Tradergruppen** Stockholm · founded 2021](https://millionrounds.com/startup/tradergruppen)
- [**Lysa** Stockholm · founded 2015](https://millionrounds.com/startup/lysa)
- [**Juni** Gothenburg · founded 2020](https://millionrounds.com/startup/juni)

## Is this your company?

Add your raise, your deck and your story, and put Zettle by PayPal in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)