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Zettle by PayPal logo — Since 2010, we’ve been on a mission to help small businesses...

Zettle by PayPal

Since 2010, we’ve been on a mission to help small businesses succeed in a world of giants.

Founded 2010 Sweden Sweden 246 employees Series E Total: $278.44M Financial Services, Fintech +2

General Information

Company Name Zettle by PayPal
Founded Year 2010
Location Sweden Sweden
Founders / Decision Makers
Team member Team member
Employees 246
Industries Financial Services, Fintech, Payments +1
Funding Stage Series E
Business Model B2B, SaaS, Platform
Revenue Model Transaction Fee, Subscription, Product Sales
Social

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About Zettle by PayPal

Zettle by PayPal, with its slogan "Since 2010, we’ve been on a mission to help small businesses succeed in a world of giants," is a pioneering force in the fintech sector. Established in 2010 in Stockholm, Sweden, the company made a significant impact by launching the world's first mini chip card reader and software for mobile payments.

The company was acquired by PayPal in 2018, expanding its capabilities and reach. Currently, Zettle's platform supports small businesses across Europe and Latin America with tools aimed at streamlining payments, enhancing sales intelligence, and fostering business growth.

The startup operates within the Financial Services, Fintech, Payments, and CRM and Sales industries. It last raised a €40.00M Series E investment on 13 December 2017 from notable names like Dawn Capital, Conviction Investment Partners, and the Fourth Swedish National Pension Fund. This backing underscores investor confidence in Zettle's potential for sustainable growth and innovation in the payment ecosystems.

Business keywords: Mobile Payments, Financial Technology, Chip Card Reader, Commerce Platform, Small Business Solutions, Sales Analytics, Business Management, Customer Engagement, Point of Sale, Payment Processing, Digital Payments, Business Growth Tools, Latin America Market, European Market

Services & Products

Modern POS product development
Payment acceptance solutions
Sales data management

Target Customers

Retail businesses International merchants Business owners seeking integrated payment solutions

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Series E €40.00M 3
Dawn Capital Conviction Investment Partners
Dawn Capital, Conviction Investment Partners +1
13 Dec 2017
Debt Financing €30.00M 1
European Investment Bank
19 Sep 2017
Debt Financing €45.00M 1
Victory Park Capital
Victory Park Capital
10 Jan 2017
Series D €15.00M 8
Creandum Index Ventures 83North
Creandum, Index Ventures +6
11 Sep 2016
Series D €60.00M 10
Mouro Capital Index Ventures Dawn Capital
Mouro Capital, Index Ventures +8
28 Aug 2015
Series C Undisclosed 2
83North Hermes GPE
83North, Hermes GPE
22 Jun 2015
Series C €45.00M 10
Mouro Capital Creandum Index Ventures
Mouro Capital, Creandum +8
09 May 2014
Venture Round €5.00M 1
Mouro Capital
Mouro Capital
11 Jun 2013
Series B €30.24M 8
Creandum Index Ventures 83North
Creandum, Index Ventures +6
15 Jun 2012
Series A €8.20M 3
Creandum Index Ventures
Creandum, Index Ventures +1
18 Oct 2011

View All 11 Funding Rounds

Zettle by PayPal Alternatives & Competitors

View All Alternatives
Zettle by PayPal vs
Yoco
Yoco South Africa

Africa’s pioneering fintech, empowering businesses with a connected ecosystem of payment and busines...

Series C
544 employees
Financial Services, Fintech
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Zettle by PayPal vs
Divilo
Divilo Spain

Payment solutions adapted to your business

Series A
21 employees
Financial Services, Fintech
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Zettle by PayPal vs
Global Payments Inc.
Global Payments Inc. United States

Already on it.

Post-IPO Debt
18328 employees
Enterprise, Finance
Compare Zettle by PayPal vs Global Payments Inc.
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FAQ About Zettle by PayPal

Since 2010, we’ve been on a mission to help small businesses succeed in a world of giants.
Zettle by PayPal was founded in 2010.
Zettle by PayPal is headquartered in Sweden.
Zettle by PayPal operates in Financial Services, Fintech, Payments and CRM and Sales. Its work centres on Mobile Payments, Financial Technology, Chip Card Reader and Commerce Platform. Its customers include Retail businesses, International merchants and Business owners seeking integrated payment solutions.
Zettle by PayPal has a B2B, SaaS and Platform business model. Its revenue comes from Transaction Fee, Subscription and Product Sales.
Zettle by PayPal has approximately 246 employees.
Zettle by PayPal has completed 11 funding rounds, raising a total of $278.44M. The latest funding stage is Series E.
Zettle by PayPal offers: Modern POS product development, Payment acceptance solutions, Sales data management.
Top alternatives and competitors to Zettle by PayPal include Yoco, Divilo, Global Payments Inc., Zip Co, Helcim. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Zettle by PayPal and Yoco are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Zettle by PayPal, https://bouncewatch.com/company/zettle-by-paypal, updated 6 August 2026. When citing, please name BounceWatch and link this page.

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