Square Debuts Small Business Banking Platform
The suite of financial products are designed to help small business owners manage their cash flow.
Square Building Fintech Company With ‘Primary Focus on Bitcoin’
CEO Jack Dorsey said the business will be dedicated to “decentralized financial services” using bitcoin.
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.”
Square Analysts React to FDIC’s Conditional Banking License Approval
The fintech company began its bid for a banking charter over two years ago.
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.
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."
Square Hires Blizzard’s Amrita Ahuja as CFO
“I believe Square is building the most innovative commerce ecosystem for sellers and consumers," Ahuja says.
Square Refiles Application for Bank Charter
An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.
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.
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.
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.