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October 19, 2011 09:00 am GMT
Europe's Square competitor iZettle. has raised $11.2 million in Series A funding (8.2 million) led by Index Ventures with co-investor Creandum and further investment from Charles Dunstone, CEO and Co-founder of The Carphone Warehouse. We heard of the reported investment in August, but the deal has been confirmed today. iZettle, which is based in Sweden, launched earlier this year as a card reader that allows users to take credit card payments from chip-enabled credit or debit cards. The free device plugs into the iPhone's port, and you download companion app from App Store and sign up for an iZettle account.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PDD5QZv6qDI/
Europes Square iZettle Raises $11 Million For Mobile Payments Technology
Europe's Square competitor iZettle. has raised $11.2 million in Series A funding (8.2 million) led by Index Ventures with co-investor Creandum and further investment from Charles Dunstone, CEO and Co-founder of The Carphone Warehouse. We heard of the reported investment in August, but the deal has been confirmed today. iZettle, which is based in Sweden, launched earlier this year as a card reader that allows users to take credit card payments from chip-enabled credit or debit cards. The free device plugs into the iPhone's port, and you download companion app from App Store and sign up for an iZettle account.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PDD5QZv6qDI/
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