PayPal swoops for iZettle, IPO cancelled

Sam Kerr

May 18, 2018 01:45 PM

paypal_HQ_PA_230x150 — Signage outside PayPal's headquarters is shown in San Jose, Calif., on March 10, 2015. A class action lawsuit has been commenced against PayPal Canada Co. on behalf of an Ontario man, alleging the online payments company charges Canadian-resident users undisclosed currency conversion fees. THE CANADIAN PRESS/AP, Jeff Chiu | Jeff Chiu/The Canadian Press/PA Images

The highly anticipated IPO of iZettle, the Swedish payments company, has been called off, as PayPal has struck a deal to buy the company.

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Topics

Nordics Sweden Equity IPOs Equity United States Americas Europe North America EMEA

SK

Sam Kerr