SWEDEN > USA based PayPal is set to acquire Sweden based iZettle for $2.2 billion

Paypal logo USA based PayPal Holdings Inc. is set to acquire Sweden based iZettle AB for $2.2 billion. iZettle was supposed to set its prices for an initial public offering the next day. iZettle competes with company such as Square Inc. and Canada’s Shopify Inc. and on May 8 it announced that it was seeking to raise 2 billion kronor($226.6 million) in More …