Amrita Ahuja

Known for its innovations in the payments sector, Square officially now has a bank. Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square…

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

The news comes shortly after Jack Dorsey’s merchant services and mobile payments company lost long-time CFO Sarah Friar to Nextdoor.

Square loses another key executive as Mary Kay Bowman joins Visa