Zettle Overview
- Year Founded
-
2010
- Status
-
Acquired/Merged
- Employees
-
754
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$2.18B
- Investors
-
1
Zettle General Information
Description
Developer of a web and mobile-based payment application designed to simplify online monetary transactions. The company's application is a one-stop-shop that offers a card reader that plugs into mobile devices and registers to tools for collecting payments, enabling small companies to take payments, ease and register day-to-day management, sales, and get funding.
Contact Information
Website
www.zettle.com(Operating Subsidiary)
Corporate Office
- Regeringsgatan 59
- 111 56 Stockholm
- Sweden
Corporate Office
- Regeringsgatan 59
- 111 56 Stockholm
- Sweden
Zettle Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 01-May-2018 | $2.18B | Completed | Generating Revenue | ||
| 9. IPO | 08-May-2018 | Cancelled | Generating Revenue | |||
| 8. Later Stage VC (Series E) | 13-Dec-2017 | Completed | Generating Revenue | |||
| 7. Debt - General | 04-Aug-2017 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 10-Jan-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 22-Jun-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series BBB) | 01-Jan-2014 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 11-Jun-2013 | Completed | Startup | |||
| 2. Early Stage VC (Series B) | 23-Oct-2012 | $35.8M | $46.8M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 19-Oct-2011 | $11M | $11M | Completed | Startup |
Zettle Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Ordinary | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series C | ||||||||
| Series B | 776,760 | $36.39 | $36.39 | 1x | $36.39 | 15.19% | ||
| Series A | 454,540 | $19.51 | $19.51 | 1x | $19.51 | 8.89% |
Zettle Comparisons
Industry
Financing
Details
Zettle Competitors (27)
One of Zettle’s 27 competitors is Worldpay, a Pending Transaction (M&A) company based in Cincinnati, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Worldpay | Pending Transaction (M&A) | Cincinnati, OH | ||||
| Clover Network | Formerly VC-backed | Sunnyvale, CA | ||||
| SumUp | Venture Capital-Backed | London, United Kingdom | ||||
| Fidelity Payment Services | Private Equity-Backed | Brooklyn, NY | ||||
| WePay | Formerly VC-backed | Palo Alto, CA |
Zettle Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Zettle Patents
Zettle Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170243201-A1 | Creation of merchant events | Inactive | 23-Feb-2016 | ||
| EP-2838203-A2 | Dynamic decoding of communication between card reader and portable device | Inactive | 16-Aug-2013 | ||
| EP-2838203-A3 | Dynamic decoding of communication between card reader and portable device | Inactive | 16-Aug-2013 | ||
| AU-348136-S | Card reader | Inactive | 04-Dec-2012 | ||
| US-20140008434-A1 | Method for hub and spokes pan entry and payment verification | Active | 09-Jul-2012 | G06Q30/06 |
Zettle Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Zettle Former Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 83North | Venture Capital | Minority | ||
| AMEX Ventures | Corporate Venture Capital | Minority | ||
| Banco Santander | Corporation | Minority | ||
| Conviction Investment Partners | Venture Capital | Minority | ||
| Creandum | Venture Capital | Minority |
Zettle Investments & Acquisitions (2)
Zettle’s most recent deal was a Seed Round with Atla for . The deal was made on 07-Dec-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Atla | 07-Dec-2023 | Seed Round | Business/Productivity Software | ||
| Intelligent Point of Sale | 07-Sep-2016 | Merger/Acquisition | Business/Productivity Software |
Zettle Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Izettle Merchant Services AS | Sandnes, Norway | 2015 | |
| Izettle Merchant Services | Stockholm, Sweden | 2010 |
Zettle FAQs
-
When was Zettle founded?
Zettle was founded in 2010.
-
Where is Zettle headquartered?
Zettle is headquartered in Stockholm, Sweden.
-
What is the size of Zettle?
Zettle has 754 total employees.
-
What industry is Zettle in?
Zettle’s primary industry is Financial Software.
-
Is Zettle a private or public company?
Zettle is a Private company.
-
What is the current valuation of Zettle?
The current valuation of Zettle is .
-
What is Zettle’s current revenue?
The current revenue for Zettle is .
-
How much funding has Zettle raised over time?
Zettle has raised $437M.
-
Who are Zettle’s investors?
83North, AMEX Ventures, Banco Santander, Conviction Investment Partners, and Creandum are 5 of 26 investors who have invested in Zettle.
-
Who are Zettle’s competitors?
Worldpay, Clover Network, SumUp, Fidelity Payment Services, and WePay are some of the 27 competitors of Zettle.
-
When was Zettle acquired?
Zettle was acquired on 01-May-2018.
-
Who acquired Zettle?
Zettle was acquired by PayPal Holdings.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
