The PayPal payment service has bought the Finnish fixtech start-up iZettle for $2.2 billion before the IPO, during which the Swedish company counted on capitalization at half the amount offered by PayPal, the finversia.ru project wrote with reference to the message of The Wall Street Journal. Thanks to the deal that has become the largest in PayPal history, the service will be able to compete successfully with Square Corporation, which offers payment services for small businesses in the US. Swedish iZettle is often called the European version of Square. It began with the supply of bank card readers for various clients. Today, the number of its customers is more than 400 thousand. This is mainly small and medium business.
SoftBank cancels $3 billion deal for additional WeWork Shares
20.03.2020First round of QE sees Australia central bank buy $2.9 billion bonds
18.03.2020Airlines' cash drawers emptied, virus causes $157 billion loss from share values
17.03.2020France sends out 45 billion euro package to help economy after sliding down 1%
