PayPal is buying payments start-up iZettle for $2.2 billion ahead of IPO

PayPal is buying payments start-up iZettle for $2.2 billion ahead of IPO

PayPal is buying payments start-up iZettle for $2.2 billion ahead of IPO Fintech giant PayPal confirmed on Thursday it’s reached a deal to buy payments start-up iZettle for $2.2 billion — the biggest acquisition in its history. U.S.-based PayPal already operates in more than 200 countries around the world but is working to expand its offerings. IZettle provides mobile card readers and other digital payment products to small businesses. A merger would catapult PayPal into…

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