PayPal just made its biggest acquisition ever as it snaps up a Swedish credit card processing company for $2.2 billion
PayPal has agreed to acquire iZettle, one of Europe’s best known financial technology startups, for $2.2 billion, the companies said on Thursday. The deal will enable PayPal to expand its presence in in-store payments globally, and will mark the largest-ever acquisition by the San Jose, California- based company.
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