Square shares are lower after Paypal announced it will acquire iZettle, a European fintech startup. iZettle will allow Paypal to compete better in the point-of-sale business where Square previously had a large advantage. Watch Square trade in real-time here.
Square shares are down more than 4% in Friday after Paypal announced it will acquire European fintech company iZettle for $2.2 billion.
The acquisition of iZettle, which produces mini credit card readers for smartphones and tablets,