iZettle raises SEK 132M (€15M) to further reach for profitability.

iZettle, the Swedish mobile payments company, raised €15M in series D extension. The investment comes from existing investors, such as Creandum, Northzone, SEB, Intel Capital or Polish MCI Capital, as well as from a new one, Ernströmsgruppen, a Swedish traditional investment company founded in 1918.

Previous to this round, the company raised €60 Million ($69M) in series D investment in August 2015. iZettle had sales of SEK 348 million ($38M) in 2015 to a loss of SEK 295 million and this investment presumably will help the company reach profitability.