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Auditing
The Big Four Continue to Dominate Auditing: Weekly Stat
The audit market is most concentrated among the population of large accelerated filers, 88% of which tap a Big Four firm for assurance.
By
Vincent Ryan
| June 29, 2022
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Square
M&A
Square to Buy Installment Lender Afterpay for $29B
The deal will create “a transactions giant that will battle banks and tech firms" in the fast-growing "buy now, pay later" market.
By
Matthew Heller
| August 2, 2021
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Credit & Capital
Square Debuts Small Business Banking Platform
The suite of financial products are designed to help small business owners manage their cash flow.
By
Lauren Muskett
| July 20, 2021
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Technology
Square Building Fintech Company With ‘Primary Focus on Bitcoin’
CEO Jack Dorsey said the business will be dedicated to “decentralized financial services” using bitcoin.
By
Lauren Muskett
| July 16, 2021
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Credit & Capital
Square Commences Operations as an Industrial Bank
The fintech company's CFO Amrita Ahuja said bringing banking capability in-house will enable the company to “operate more nimbly.”
By
Lauren Muskett
| March 2, 2021
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Credit & Capital
Square Analysts React to FDIC’s Conditional Banking License Approval
The fintech company began its bid for a banking charter over two years ago.
By
Lauren Muskett
| March 20, 2020
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People
Activist Pushes for Removal of Twitter CEO
Twitter shares jumped on reports that Elliott Management is seeking to replace Jack Dorsey because he also runs Square.
By
Matthew Heller
| March 3, 2020
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Financial Performance
Square Shares Dip 6% on Weak Q1 Guidance
Slower sales growth also weighed on the stock but "new products and services can provide a second wind to growth as the year progresses."
By
Matthew Heller
| February 28, 2019
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People
Square Hires Blizzard’s Amrita Ahuja as CFO
“I believe Square is building the most innovative commerce ecosystem for sellers and consumers," Ahuja says.
By
Matthew Heller
| January 4, 2019
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Risk & Compliance
Square Refiles Application for Bank Charter
An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.
By
Matthew Heller
| December 20, 2018
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People
Square CFO Friar Moves to Nextdoor’s Top Job
Sarah Friar's six years at Square included an IPO — an experience she may repeat as CEO of social network Nextdoor.
By
Matthew Heller
| October 11, 2018
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Risk & Compliance
New York Grants BitLicense to Square
Twitter CEO Jack Dorsey, who founded the company, said he was a "huge fan" of bitcoin but the move was contentious internally.
By
William Sprouse
| June 18, 2018
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Financial Performance
Square Revenue Jumps 33% to $585 Million
The payments company's top-line growth was driven by a 31% increase in gross payment volume to $17.4 billion.
By
Matthew Heller
| November 9, 2017
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Regulation
Square Applies for Charter to Form Bank
The payments firm wants to offer a one-stop shop for financial needs by operating Square Financial Services under an industrial loan company charter.
By
Matthew Heller
| September 13, 2017
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Technology
Square Stock up 8% on News of Visa’s Stake
The disclosure of the size of Visa's 2011 investment fuels speculation about its plans with the mobile payments startup.
By
Matthew Heller
| February 16, 2016
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Risk
Square Posts Largest Quarterly Loss Since 2014
The payments startup, about to go on its IPO roadshow, says it lost $59.3 million in the third quarter.
By
Katie Kuehner-Hebert
| October 27, 2015
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