Pension funds AP1 and AMF invest 20 mln euros in fintech firm iZettle
Swedish pension funds AP1 and AMF are investing 20 million euros ($24.88 million) in mobile payment solutions firm iZettle, the three parties said in a joint statement on Wednesday.
* The main part of the stake was bought from Santander Innoventures, which will remain a shareholder also going forward
* The news comes after iZettle raised 40 million euros in December in a funding round led by venture capital firm Dawn and the Fourth Swedish National Pension Fund (AP4)
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