The deal will create “a transactions giant that will battle banks and tech firms" in the fast-growing "buy now, pay later" market.
While it’s not for everyone, there are some circumstances where limited cryptocurrency involvement can make sense for traditional companies.
Institutional interest in Bitcoin may finally force regulators to come to terms with digital money.
The U.S. Department of Justice said the transaction would eliminate healthy competition from the online payments market.
Optimizing the order-to-cash value chain requires end-to-end process management.
“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.
Payments volume improved as the third quarter progressed, reflecting the easing of shelter-in-place orders in the U.S.
The company was for sale last year but filed confidentially for an IPO in December.
Stripe Capital will provide cash advances to small business customers of Stripe's payment platform.
Slower sales growth also weighed on the stock but "new products and services can provide a second wind to growth as the year progresses."
An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.
Strong consumer spending overseas helped drive Mastercard's gross dollar volume to $1.4 trillion in the third quarter.
