It’s IPO time for iZettle, Europe’s answer to Dorsey’s Square


LONDON: Swedish mobile payments company iZettle AB announced its intention to file for an initial public offering (IPO) on the Nasdaq Stockholm stock exchange.

The company, which competes with Square Inc and Canada’s Shopify Inc, is seeking to raise 2 billion kronor (US$226.6mil) and in a statement yesterday said it expected its IPO to be completed this year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Ize , IPO , Sweden

Next In Business News

Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO

Others Also Read