Intel Capital has returned to co-lead the mobile payments company's latest round, which will fund the launch of a merchant lending service.
Sweden-based mobile payments services provider iZettle raised €60m ($67.6m) today in a series D round co-led by Intel Capital, the corporate venturing arm of chip maker Intel, and venture capital firm Zouk Capital.
Founded in 2010, iZettle has created a handheld reader that retailers can use to accept card payments. The reader links to a smartphone app through Bluetooth to process the transaction.
The funding will support the launch of iZettle Advance, a feature enabling merchants to borrow money with…
