Zettle Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 754

Employees

  • 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
Formerly Known As
iZettle
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Regeringsgatan 59
  • 111 56 Stockholm
  • Sweden
Primary Industry
Financial Software
Other Industries
Other Hardware
Parent Company
Corporate Office
  • Regeringsgatan 59
  • 111 56 Stockholm
  • Sweden

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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
To view Zettle’s complete valuation and funding history, request access »

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%
To view Zettle’s complete cap table history, request access »

Zettle Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a web and mobile-based payment application designed to simplify online monetary transactions. The company's
Financial Software
Stockholm, Sweden
754 As of 2021

Cincinnati, OH
 

Sunnyvale, CA
 
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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
You’re viewing 5 of 27 competitors. Get the full list »

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
To view Zettle’s complete patent history, request access »

Zettle Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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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
You’re viewing 5 of 26 investors. Get the full list »

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
To view Zettle’s complete investments and acquisitions history, request access »

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.

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