October 22, 2014 7:20 PM ET


Company Overview of Square, Inc.

Company Overview

Square, Inc. provides Square Reader, a credit card reader for iPhone, iPad, and Android devices that enables businesses to accept credit cards payments. It offers Square Register, an application that works with Square Reader to turn a smartphone or iPad into a mobile point of sale, as well as provides payments, sales reports, hardware—register, and other services. The company also provides Square Capital that offers access to funds for growing businesses; Square Cash, a solution for sending and receiving money; and Square Market that enables users to shop online in home, art and design, tech, fashion, accessories, jewelry, baby and kids, food, health and beauty, and other sectors. In additio...

1455 Market Street

Suite 600

San Francisco, CA 94103

United States

Founded in 2009





Key Executives for Square, Inc.

Age: 37
Co-Founder and Director
Chief Financial Officer
Age: 41
Vice President of Communications & Brand Marketing
Age: 40
Vice President of International
Compensation as of Fiscal Year 2014.

Square, Inc. Key Developments

Jack Dorsey Denies Reports That PayPal Is In Talks To Buy Square

Jack Dorsey, Cheif Executive Officer of Square, Inc. denied a report from Bank Innovation's Ian Kar that said PayPal's new Chief Executive Officer Dan Schulman is in talks to buy the mobile payments startup. Kar's sources said that PayPal's new Cheif Executive Officer Dan Schulman is exploring potential acquisitions in light of PayPal's imminent spin-off from eBay, and that the talks with Square are "intense" but still in the early stages.

Square May Be Raising Another $100 Million Round

Square, Inc. may be in the process of raising another $100 million dollar round as competition heats up in the digital payments sphere. Not much is known about this potential new round of funding, except that it could raise Square’s valuation to $6 billion. Jack Dorsey reportedly signed off on the sale of a new round of stock valued at $15.46 a share, according to Forbes.

Square To Raise Additional Funding

Square, Inc. is in the process of raising capital at a $6 billion valuation, according to sources familiar with the matter. Square is aiming to reel in about $200 million, with part of it coming from the Government of Singapore Investment Corporation (GIC), said the sources, who asked not to be identified because the deal hasn't closed.

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