PayPal snaps up Swedish mobile payments startup iZettle for $2.2B

PayPal Holdings Inc. has agreed to acquire Swedish mobile payments startup iZettle AB in a $ 2.2 billion deal that will see PayPal directly take on onsite payment processing companies such as Square Inc. Founded in 2010, iZettle offers small businesses portable point-of-sale solutions and free sales overview tools, often earning in the description of being the “Square of […]

The post PayPal snaps up Swedish mobile payments startup iZettle for $ 2.2B appeared first on SiliconANGLE.

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