Square

6 strategic stages of seed fundraising in 2020

Seed fundraising is rarely easy, but it certainly used to be a lot less complicated than it is today. In a simpler world, a seed investor (or maybe two) would lead a round, which meant that they would

Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw partici

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian-focused p

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goo

DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Squ

Square’s The Avengers stars vaguely familiar versions of Marvel’s iconic heroes

This evening’s Square E3 press was…something. After more than an hour of Final Fantasy remasters, the publisher closed things out with far and away its most eagerly awaited game. Licensing some wh

Square acquires conversational AI startup Eloquent Labs

Square has acquired conversational artificial intelligence startup Eloquent Labs to help its merchants improve customer service. Eloquent Labs, which raised a $1.5 million seed round back in early 201

Square reports Q1 sales of $489M, up 59%, but net loss widens to $38M

After Square issued weak guidance in Q4, all eyes were on the payments company to see what kind of growth it really had in Q1. Results reported today underscored some of the challenges the company

Tristan O’Tierney, who helped develop Square’s original payment app, has passed away

Tristan O’Tierney, a co-founder of the payments company Square, has passed away at age 35. According to the San Francisco Chronicle, O’Tierney died last weekend in Florida of addiction-related

WashU announces donation from Square co-founder to grow engineering school

Washington University in St. Louis (WashU) announced today that its engineering school received its largest single donation in history. The donation was offered by Square co-founder and WashU alumni J

A new Square debit card makes it easy for businesses to spend their Square revenue

Square is announcing a new debit card, called the Square Card, which will allow businesses to withdraw and spend the money they’re bringing in through Square payments. In a conference call with

Square loses another key executive as Mary Kay Bowman joins Visa

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

Square launches its in-app payments SDK

Square today announced the launch of its in-app payments SDK that allows developers to build Square-powered payments right into their mobile apps. While Square remains best known for its offline payme

Square finds its Sarah Friar replacement with new CFO Amrita Ahuja

The mobile payments company has tapped former Blizzard Entertainment CFO Amrita Ahuja.

Overnight success now requires a little more time

Building a great consumer company is harder these days. Try anyway.

Despite a strong Q3 earnings report, Square’s Q4 forecast disappoints investors

Despite a strong third-quarter earnings report, Square’s forecast for the final quarter of this year gave investors pause, sending its share price down 6 percent in after-hours trading before it gra

Square details compensation and promotion practices

When tech companies explore diversity and inclusion initiatives, there’s a risk that marginalized groups may feel “othered” and reduced to a number. That’s what Square has fo

Square unveils the Square Terminal, designed to replace old keypad credit card machines

Square is launching a new piece of hardware today — the Square Terminal. As explained to me by the company’s Head of Hardware Jesse Dorogusker, the Terminal fills a gap the company’s pro

Sarah Friar, long the CFO of Square, is leaving to join the social network Nextdoor as its CEO

Square’s CFO Sarah Friar is stepping down to become the CEO of Nextdoor, according to the payment company’s CEO, Jack Dorsey. In a statement issued a bit ago, he says of Friar that she &#8

Square sellers can now offer their customers payment plans

Square today launched a new service that will allow its small business sellers to offer financing to their customers. Square Installments, as the service is called, will be available at launch to sell
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