The Intel, Mastercard, Amex and Santander-backed small business payment and revenue platform has raised $47.3m in a Dawn Capital led round.
Sweden-based mobile payment technology provider iZettle, which counts several corporates among its shareholders, raised €40m ($47.3m) yesterday at a valuation reported by Dagens Industri as approximately $950m.
Venture capital firm and long-term iZettle investor Dawn Capital led the round, investing together with the Fourth Swedish National Pension Fund and undisclosed existing backers.
Founded in 2010, iZettle launched its mobile payment platform for small businesses the following year and has since expanded that into a product that includes tools for tracking…
