Square

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotte

Forma raises new funding to make employee benefits more flexible

Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of offerings — rat

Block’s Cash App adopts Lightning Network for free bitcoin payments

Late last year, Twitter CEO Jack Dorsey stepped down from his position in order to give his full attention to his other company, Square (now called Block), which had become increasingly invested in bl

NFT kingpin OpenSea lands monster $13.3B valuation in new raise

The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup. The crypto firm announced late Tuesday that

Jack Dorsey dials in on his dream job — bitcoin missionary

Hello friends, and welcome back to Week in Review! Last week, we took a break from contextualization for some guides to consumption. This week, we’re looking at what’s happening in the min

Square’s Better.com name Block is Butter-y smooth

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. It’s Friday, which means the whole crew was aboard for th

Square is changing its name to Block

The fintech giant Square is changing its name to Block, effective December 10. The name change, which has been in the works for over a year, is intended to house the company’s various products &

Afterpay unveils BNPL subscription offering for US customers

The service will launch in both the U.S. and Australia beginning early in 2022 and will be free for customers who pay on time.

UNest raises $26M Series B to help parents save for their kids’ expenses

UNest, a fintech startup that provides financial planning tools for parents saving on behalf of their children, announced today that it raised $26 million in Series B funding led by The Artemis Fund.

Neuro-ID takes in fresh capital to combat fraud from all of our taps, types and swipes

The company captures real-time customer behavior so companies can see who is genuine, and who is fraudulent, and identify the root cause of customer friction.

Square’s Cash App opens up to teens ages 13 to 17 with parental oversight

Amid a growing number of banking apps aimed at teens, Square Inc.’s Cash App today is broadening its reach by making its payments app available to younger teens between the ages of 13 and 17. Pr

European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M

SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition i

Really, this market isn’t good enough?

Klarna's CEO says he's 'nervous' to take the company public. But the public market for BNPL companies actually feels pretty strong at the moment.

Here’s what your BNPL startup could be worth

What would you pay for $1 of BNPL GMV?

Square to launch a new paid subscription, Invoices Plus

Square’s popular free invoicing software is becoming the company’s next big subscription service. The company is poised to announce a paid subscription offering called Invoices Plus, which

The next generation of global payments: Afterpay + Square

Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.

Why Square is shelling out $29B to snag BNPL player Afterpay

With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick

Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal

In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all-stock deal. The purchase price is base

Square launches business bank accounts

One step at a time, Square is creating a new bank from scratch. Today, the company is launching a new product called Square Banking that combines a checking account, savings accounts, debit cards and
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