iZettle acquires intelligentpos

payments firm iZettle has acquired intelligentpos, a UK based cloud point of sale service for shops, bars and restaurants.

The merger aims to provide a ‘one-stop-shop’ for commerce in store and on the go. Together iZettle and intelligentpos provide will allow small businesses to take card payments and use hundreds of different features on the point of sale app to help them manage and grow their businesses.

iZettle CEO Jacob de Geer says of the deal: “Five years ago, iZettle set out to empower small business owners with tools to help them accept card payments in an easy way – tools which were typically reserved for larger businesses.”

“One year ago, iZettle broke new ground by offering small businesses hassle-free access to financing with iZettle Advance. Today, via the acquisition of the talented team and great product at intelligentpos, iZettle takes yet another step towards its mission of providing small businesses with a wide range of services and features that are critical to helping them grow and build their empires.”