Global One-Stop Solution for SMEs

©iStock/oatawa

Known through inner circles as the "Square of Europe," iZettle (Sweden), a small-business tools and payments provider, has been acquired by PayPal for $2.2 billion.

PayPal CEO Dan Schulman said: "iZettle and PayPal are a strategic fit, with a shared mission, values and culture -- and complementary product offerings and geographies. With nearly half a million merchants on their platform, Jacob de Geer and his team [at iZettle] add best-in-class capabilities and talent that will expand PayPal's market opportunity to be a global one-stop solution for omni-channel commerce."

I've always been a big fan of PayPal yet I also love Square.  Don't underestimate Square (USA) -- they've rolled out a ton of new offerings that are super cool for SMEs.  Pay them a visit to find out more.