Company Overview of Square, Inc.
Square, Inc. provides Square Reader, a credit card reader for iPhone, iPad, and Android devices that enables businesses to accept credit cards payments. It offers Square Register, an application that works with Square Reader to turn a smartphone or iPad into a mobile point of sale, as well as provides payments, sales reports, hardware—register, and other services. The company also provides Square Capital that offers access to funds for growing businesses; Square Cash, a solution for sending and receiving money; and Square Market that enables users to shop online in home, art and design, tech, fashion, accessories, jewelry, baby and kids, food, health and beauty, and other sectors. In additio...
1455 Market Street
San Francisco, CA 94103
Founded in 2009
Key Executives for Square, Inc.
Co-Founder, Chief Executive Officer and Director
Head of Customer Acquisition
Vice President of Communications & Brand Marketing
Compensation as of Fiscal Year 2015.
Square, Inc. Key Developments
Square, Inc. Reportedly Up For Sale
Jun 15 15
Square, Inc. may be available for sale. Ahead of heavy losses the company may plan to put itself on sale. Meanwhile, Forbes, citing unnamed sources, reported the company is trying to position itself for an IPO later this year. Square plans to file a "confidential" registration statement.
Square May Reportedly Conduct IPO
Jun 13 15
Square, Inc. could conduct an initial public offering this year if it wanted to, its former chief operating officer said. “It will be a public company, the only question is when is the right opportunity to take advantage of that,” Keith Rabois, who was Chief Operating Officer of Square from 2010 to 2013 said. Square isn’t interested in selling itself, Rabois said. The company is growing “incredibly fast,” and has margins that are five times greater than Amazon Inc.’s, he said. A spokesman for Square declined to comment on whether or not the company is preparing for an IPO.
Square Denies Acquisition And IPO Talks
Dec 11 14
Square, Inc. has denied the acquisition talks. Jack Dorsey, Founder of Square insists that the payments startup has never been in acquisition talks and is not planning an IPO. Square reportedly raised a new round of $150 million at a $6 billion valuation in October 2014.
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