A source close to Index Ventures has just informed TechCrunch, that the investment company is going to lead a €10m financing round for iZettle. The Stockholm based Square competitor was founded in 2010 and launched its service in Sweden earlier this year. iZettle offers a free iPhone app and a mini chip card reader (for the iPhone) that lets anyone take card payments anytime and anywhere. The service is available for individuals and small businesses and there are no complicated contracts, fixed fees or hidden costs.
Find out more about this promising European provider of Mobile card payments and check out their latest promotional video: