Sweden based iZettle, a leading POS payments and small business financing startup in Europe, plans to raise $227m in an IPO that would value the company at roughly $1.1b.
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iZettle, the ‘Square of Europe’, plans IPO to raise around $227M, valuing it at $1.1B
“Our growth is driven by two factors,” DeGeer said in an email interview, “an increase in the number of active users and improved user engagement. Our strategy going forward is to grow our merchant base in existing markets as well as shift the mix towards slightly larger merchants, though our focus will continue to remain on small businesses.” iZettle notes that the listing would happen sometime in 2018 but has not yet specified an exact date.
