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Zettle, formerly known as iZettle, is a prominent Swedish financial technology company. Founded in Stockholm in 2010 by Jacob de Geer and Magnus Nilsson, the company revolutionized the payment industry by launching the first mini chip card reader and app for mobile devices that complies with international security standards.
In 2018, the company was acquired by PayPal, a global leader in digital payment solutions. Following the acquisition, the brand was integrated into the PayPal ecosystem and rebranded as Zettle by PayPal. While the brand has its roots in Sweden, its hardware production and assembly take place in several locations across Asia and Europe to support its global distribution network.
Today, Zettle remains a cornerstone of PayPal's small business offerings, providing card readers, software, and financial services to merchants across Europe and the Americas. The brand continues to focus on simplifying commerce for small businesses through innovative hardware and seamless software integration.
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