Mobile point-of-sales startup SumUp expands to Sweden, landing on rival iZettle’s home turf

SumUp, a British-German mobile point-of-sale startup, is today announcing its expansion to Scandinavia for the first time, launching in Sweden. That is notably where iZettle, arguably its main competitor in the space in Europe, was conceived. Stockholm-based iZettle recently raised a sizeable €60 million round to pursue further growth, while SumUp brought its total capital […]

Swedish fintech startup iZettle raises €60 million in Series D round

iZettle, the fast-growing Swedish fintech startup, today announced a €60 million ($67 million) Series D round led by existing investors Initial Capital and Zouk Capital. As well as allowing iZettle to expand their current business, the fresh capital will also be deployed towards their new service iZettle Advance, a financial service giving clients advances on […]