PayPal to Buy IZettle for $2.2 Billion to Challenge Square
PayPal Inc.’s mobile payment application is launched on an Apple Inc. iPhone (Photographer: Kiyoshi Ota/Bloomberg)

PayPal to Buy IZettle for $2.2 Billion to Challenge Square

(Bloomberg) -- PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.
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