iZettle raises $63M more at a $500M valuation; company has raised about $235 million in funding to date.

Guessing they've had offers, but not good enough to make them sell and they're still able to raise capital.

Square's market cap is currently $6.51B and here's there balance sheet: https://markets.ft.com/data/equities/tearsheet/financials?s=...

iZettle are counting on exactly this, a North American player buying them for their market share. Margins are non-existent