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
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
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
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 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
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 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
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, 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
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
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
The news comes shortly after Jack Dorsey's merchant services and mobile payments company lost long-time CFO Sarah Friar to Nextdoor.
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
The mobile payments company has tapped former Blizzard Entertainment CFO Amrita Ahuja.
Building a great consumer company is harder these days. Try anyway.
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
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 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
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
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