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Square CEO Jack Dorsey Says Company to Go Outside U.S.

July 11 (Bloomberg) -- Jack Dorsey, chief executive of mobile-payments startup Square Inc., said the company will expand and make its device available outside the U.S.

Dorsey, one of the founders of Twitter Inc., was invited to speak on a panel about innovation at the Allen & Co. media conference in Sun Valley, Idaho.

“I don’t know what I’ll be talking about exactly,” he told reporters as he unpacked his bags from his rental car as he arrived at the Sun Valley Resort yesterday.

“We’re having a lot of fun,” at Square, he said. “We just keep building, and we’re excited because we’re going outside the U.S. soon.”

Square, based in San Francisco, is a maker of credit-card readers for tablets and smartphones and charges a fee of 2.75 percent on every transaction. The company has received funding from Kleiner Perkins Caufield & Byers, Sequoia Capital and Khosla Ventures.

To contact the reporter on this story: Edmund Lee in New York at elee310@bloomberg.net

To contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net

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