iZettle Confirms Plans for IPO

The company intends to list on the Nasdaq in Stockholm and raise approximately $227 million which would value the company at around $1.1 billion; funds will be use to “execute on our ambitious growth strategy” according to Jacob deGeer, the company’s co-founder and CEO; iZettle is currently losing money but is forecasting a positive EBITDA for the year 2020; iZettle has shared their most recent financials in the lead up to the IPO. Source