Jacob de Geer | |
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Born | Jacob Louis de Geer 1975 (age 49–50) |
Education | Stockholm School of Economics |
Occupations |
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Known for | Founder of Zettle |
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. [1]
De Geer grew up in Stora Wäsby Castle in Upplands Väsby, Sweden. His father, Carl de Geer, was a banker and his mother Christina worked as a teacher. [2]
De Geer graduated with a Master of Science in Business Administration from the Stockholm School of Economics in 1999. [3]
In 1999, de Geer became the first employee of TradeDoubler, a digital marketing company founded by Martin Lorentzon. [4] [1] [5]
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. [2] [6] [5]
In 2010, de Geer co-founded financial technology company Zettle, a producer of mini chip card readers and software for mobile devices. [7] 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. [8] [1]
In 2018, de Geer sold Zettle to PayPal for $2.2 billion. [3] [9] De Geer continues to operate as Zettle's CEO in their head office in Stockholm, Sweden. [9]