The UK Competition and Markets Authority (CMA) has cleared the acquisition by PayPal of competitor iZettle. In April, the CMA provisionally found the deal should be cleared. After an initial investigation (Phase 1), CMA raised concerns regarding competition reduction if the acquisition went through. The… Read More
On Friday, CEO and Co-founder of iZettle, Jacob de Geer announced he and his team have reached an agreement with PayPal to acquire the Swedish fintech. The acquisition agreement comes less than two weeks after the company announced its plan to proceed with an initial public… Read More
Swedish fintech platform iZettle has made good on its promise to grow and innovate. Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More
iZettle, a European fintech company, announced on Wednesday it secured €60 million during its latest funding round, which is made up of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its credit fund, VPC Speciality Lending… Read More
Will fintech startups cause the demise of banks or come to their rescue? This was one of the topics debated at The “Future of Banking” event held by The Economist in Paris on March 10th 2016. The Future of Banking was aptly subtitled “Survival of… Read More
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