Mastercard, Intel, American Express and Santander could all exit the point-of-sale technology provider, which plans to float in Sweden.
Sweden-based, corporate-backed mobile payment technology provider iZettle revealed today it intends to raise up to Skr2bn ($226m) in an initial public offering on the Nasdaq Stockholm market in Sweden.
Founded in 2010, iZettle provides both mini card readers and payment software that enables merchants to accept chip, swipe or contactless payments, including through platforms such as Apple Pay, Samsung Pay and Android Pay.
The offering will follow more than $280m in financing, including $47.5m in a December 2017 round…
