There is so much news this week, and the funding isn’t letting up either. Twelve companies raised money from small seed rounds to hundreds of millions of dollars and our editors are going nuts.
Today Swedish mobile point-of-sale (POS) startup iZettle announced a $6.637 round from Banco Santander to fuel global expansion.
Traditional payments systems are becoming obsolete as companies developer cheaper, more efficient, flexible alternatives.
PayPal is entering the European market with its Here product, a mobile payments system that competes directly with Square.