European Square rival iZettle is heading for a $225 million IPO

iZettle has announced plans to list on the Nasdaq Stockholm stock exchange.
The loss-making card terminal manufacturer hopes to raise $225 million in the listing to fund growth.LONDON — Swedish card reading startup iZettle on Tuesday announced plans to list its shares on the Nasdaq Stockholm stock exchange.
iZettle plans to raise SEK 2 billion (€190 million, $225 million) selling shares to investors in the initial public offering. The funds will be used to "support the company’s