IZettle
Financials
Estimates*
SEK | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 234m | 367m | 540m | 781m | 1.1b | 736m | 3.7m |
% growth | - | 57 % | 47 % | 45 % | 36 % | (31 %) | (99 %) |
EBITDA | - | - | 232m | - | 10.0b | - | - |
% EBITDA margin | - | - | 43 % | - | 935 % | - | - |
Profit | (249m) | (199m) | (214m) | (376m) | 8.5b | 24.2m | 94.5m |
% profit margin | (106 %) | (54 %) | (40 %) | (48 %) | 801 % | 3 % | 2539 % |
R&D budget | - | - | 164m | 232m | - | 36.7m | - |
R&D % of revenue | - | - | 30 % | 30 % | - | 5 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€8.2m | Series A | ||
€25.0m | Series B | ||
€5.0m | Late VC | ||
€45.0m | Series C | ||
$6.8m | Series C | ||
N/A | Series C | ||
€60.0m | Series D | ||
€15.0m | Series D | ||
€45.0m | Debt | ||
€30.0m | Debt | ||
€40.0m | Series E | ||
€2.2b Valuation: €2.2b 37.1x EV/LTM Revenues 86.3x EV/LTM EBITDA | Acquisition | ||
Total Funding | AUD347m |
Recent News about IZettle
EditiZettle, a PayPal service, offers innovative payment solutions tailored for small businesses. Operating in the financial technology sector, iZettle provides mobile card readers, invoicing tools, and financial insights to help businesses manage their transactions efficiently. The company primarily serves small to medium-sized enterprises (SMEs) that require flexible and reliable payment processing solutions. iZettle's business model revolves around selling hardware (such as card readers) and charging transaction fees for payments processed through its platform. This dual revenue stream ensures a steady income while supporting the growth of its user base. By integrating with PayPal, iZettle expands its reach and offers additional services like Pay in 4, a buy now, pay later installment solution. This feature allows businesses to offer flexible payment options to their customers, enhancing customer satisfaction and potentially increasing sales. Overall, iZettle simplifies the payment process for SMEs, enabling them to focus on their core business activities.
Keywords: mobile card readers, invoicing tools, financial insights, SMEs, payment processing, transaction fees, PayPal integration, flexible payments, buy now pay later, fintech.