PayPal agrees to buy European Fintech Startup iZettle for about $ 2.2 billion

PayPal Holdings Inc. agreed to buy European financial technology startup iZettle AB for about $ 2.2 billion, a move that would catapult the US digital payment giant into hundreds of thousands of traditional stores around the world. [19659002] The acquisition, the largest in the history of PayPal, establishes a confrontation between the company of San Jose, California, and Square Inc., of Jack Dorsey, which has built a large payment business for coffee shops, street vendors and millions of other small businesses with physical locations …


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