December 22, 2014 4:06 PM ET

Software

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

Phone:

415-375-3176

Fax:

855-204-8795

Key Executives for Square, Inc.

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

Square, Inc. Key Developments

Square Denies Acquisition And IPO Talks

Square, Inc. has denied the acquisition talks. Jack Dorsey, Founder of Square insists that the payments startup has never been in acquisition talks and is not planning an IPO. Square reportedly raised a new round of $150 million at a $6 billion valuation in October 2014.

Square, Inc. Hires Kevin Burke to Lead Customer Acquisition

Square, Inc. has hired Kevin Burke to lead customer acquisition for the company. Burke will head up acquisition channels for Square, including retail, paid, web, and events marketing, and help bring Square's complete register service and back office tools to independent businesses worldwide. He was most recently Chief Marketing Officer, Core Products, for Visa Inc. Burke was previously Visa's head of global consumer marketing & strategy and senior vice president of advertising. Before Visa, Burke was the president of JWT San Francisco and co-founder of Tonic 360.

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.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 12, 2014
--
Private Placement
August 19, 2014
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Merger/Acquisition
August 4, 2014
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