Jacob Louis de Geer (born August 1975) is a Swedish entrepreneur. He is best known as the co-founder and CEO of financial technology company
Zettle
Zettle by PayPal (previously known as iZettle) is a Swedish financial technology company founded by Jacob de Geer and Magnus Nilsson in April 2010. Launching its first app and service in 2011, the company offers a range of financial products in ...
.
Early life and education
De Geer grew up in
Stora Wäsby Castle
Stora Wäsby Castle is a manor house in Upplands Väsby, Sweden.
History
Stora Wäsby was an estate dating during the Middle Ages. In 1730, Stora Wäsby became a fideicommissary within the De Geer family.
The main building is a two-story stone h ...
in
Upplands Väsby
Upplands Väsby () is a Urban areas in Sweden, locality and the seat of Upplands Väsby Municipality, Stockholm County, Sweden with 149,463 inhabitants in 2020.
History
The municipality has a long history with clear traces of settlements from t ...
,
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...
. His father, Carl de Geer, was a banker and his mother Christina worked as a teacher.
De Geer graduated with a Master of Science in Business Administration from the
Stockholm School of Economics
The Stockholm School of Economics (SSE; sv, Handelshögskolan i Stockholm, HHS) is a private business school located in city district Vasastaden in the central part of Stockholm, Sweden. SSE offers BSc, MSc and MBA programs, along with ...
in 1999.
Career
In 1999, de Geer became the first employee of
TradeDoubler, a
digital marketing
Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development duri ...
company founded by
Martin Lorentzon
Sven Hans Martin Lorentzon (; born 1 April 1969) is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify. From 2013 to 2018 he was on the board of Telia Company. Since April 2019 he has been an expert on Sweden's immigrants' integrat ...
.
In 2007, de Geer left TradeDoubler and co-founded a media agency, Tre Kronor, and film sharing service, Ameibo. He sold both companies in 2010.
>
In 2010, de Geer co-founded financial technology company Zettle, a producer of mini chip card readers and software for mobile devices. He came up with the idea for Zettle after his ex-wife, a sunglasses importer, lost out on business at a trade fair after being unable to process card payments for customers.
In 2018, de Geer sold Zettle to
PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper ...
for $2.2 billion.
De Geer continues to operate as Zettle's CEO in their head office in
Stockholm
Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people liv ...
, Sweden.
References
{{DEFAULTSORT:De Geer, Jacob
1975 births
Living people
20th-century Swedish businesspeople
21st-century Swedish businesspeople