Square Gives Loans to Restaurants Outside Network With Upserve

  • Lending arm Square Capital is bright spot in earnings growth
  • Agreement gives Square access to 7,000 restaurants across U.S.

Square Inc.'s mobile-payment technology.

Photographer: Jin Lee/Bloomberg

Square Inc. is joining with restaurant technology startup Upserve to offer loans to eating establishments, extending credit for the first time to businesses that operate outside of its own payments processing system.

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