Intel Capital joins corporates Mastercard, Amex and Santander in backing the online payments company, which will now seek to expand.
Sweden-based mobile payments company Izettle has closed a €40m ($55.1m) series C round led by private equity fund manager Zouk Capital and featuring Intel Capital.
Zouk and Intel Capital, the corporate venturing arm of semiconductor producer Intel, were joined by fellow new investor Dawn Capital, as well as existing investors Creandum, Greylock Partners, Index Ventures, Northzone and SEB Private Equity.
Izettle raised $31.4m in a 2011 series B round featuring payment services company Mastercard that later attracted an undisclosed amount…
