Mandate Vinge advises iZettle in connection with capital procurement ahead of international expansion

June 25, 2012

Vinge has advised iZettle and its founders in connection with a capital raising of approximately EUR 25 million from a number of venture capital investors including, among others, Greylock Partners, Index Ventures and Creandum and MasterCard. iZettle’s service consists of an app with chip card that turns an iPhone, iPad or iPod Touch into a mobile payment terminal. iZettle’s services are currently available in Sweden, Norway, Denmark, Finland and Great Britain and the company will use the additional funds to expand into additional international markets.

Vinge’s team consisted of, among others, partner Henrik Wenckert and associates Kristina Ekberg and Maria Eierborg as well as project assistant Maria Ikonomou. Advokat Dan Hanqvist and associate Katarina Rykowska advised on regulatory issues.

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020