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iZettle Confirms Plans for IPO
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iZettle Confirms Plans for IPO

iZettle Confirms Plans for IPO

Fintech Nexus Staff·
EuropeFintechNews Roundup
·May. 8, 2018·1 min read

The company intends to list on the Nasdaq in Stockholm and raise approximately $227 million which would value the company at around $1.1 billion; funds will be use to “execute on our ambitious growth strategy” according to Jacob deGeer, the company’s co-founder and CEO; iZettle is currently losing money but is forecasting a positive EBITDA for the year 2020; iZettle has shared their most recent financials in the lead up to the IPO. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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