iZettle Raises €60M Series D, Announces New Service
August 31, 2015
Mobile payment technology provider iZettle has closed a €60 million Series D funding round led by previous investors Intel Capital and Zouk Capital. Concurrent with the raise, the company is introducing iZettle Advance, a new service aiming to enable small businesses across Europe to obtain extra capital by getting an advance on future card sales; a portion of the funding will be used to support the development and expansion of this service. The most recent round brings the company’s total funding to about €143 million, including a €45 million Series C financing in July 2014.