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Sweden's iZettle raises EUR 60 mln, names new CFO

Wednesday 11 January 2017 | 16:18 CET | News
Swedish electronic payment services provider iZettle said that it has raised EUR 60 million in funding and appointed Maria Hedengren as chief financial officer (CFO). The funding is made up of equity from existing investors in a Series D extension as well as debt funding from US-based Victory Park Capital via its credit fund, VPC Speciality Lending. The funds will be used to expand iZettle's service through innovation.

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Categories: Internet / Mobile & Wireless
Companies: iZettle
Countries: World
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5.2%
Prepaid revenue accounts for 5.2% of total service revenue
Netherlands  |  2017Q4

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