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.
The payments firm wants to offer a one-stop shop for financial needs by operating Square Financial Services under an industrial loan company charter.
Delaying payments is boosting the working capital performance of America’s largest companies, but also masking a lack of efficiency.
The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.
Transparency, simplicity, and the customer experience are fueling payments innovation.
Which payment technologies are going to change the way your company interacts with customers?
The card payments company reported a 6% decline in profit but revenue climbed.
