Is Square the canary in the coalmine for over-hyped tech startups? That's the question investors are asking after the hip poster child for the fintech revolution priced its IPO at $9 per share, giving the company a price tag of $2.66 billion, some way south of the $6 billion valuation at its last private fund raising round.
Square says it expects to price its initial public offering at between $11 and $13 per share, valuing Jack Dorsey's payments startup at up to $4.2 billion.
JPMorgan Chase has struck a payments processing deal with Starbucks, replacing Square, which recently revealed that its contract with the coffee giant was a massive loss-maker.
Square has hired Jackie Reses to lead Square Capital, the company’s business financing service that has advanced more than $225 million to Square sellers across the country since launching in May 2014.
Jack Dorsey's payments startup Square has filed for an initial public offering as it prepares to list on the New York Stock Exchange.
Jack Dorsey has confirmed that he will stay on as CEO of Square, despite taking on the same role at the other multi-billion dollar company he co-founded, Twitter.
Today Square announced that it opened an office in St. Louis, Missouri. The office is located in St. Louis’ Central West End, where the company plans to hire more than 40 full-time employees immediately, and grow to more than 200 over the next five years.
Twitter has teamed up with Square to let Americans donate to presidential candidates through the social network.
As the mother of two and a hairdresser at Third Street Salon in Tipp City, Ohio, Jillian Seagraves is constantly on the go.
Today, Square Cash -- the easiest way to send money to anyone -- launched an updated app for Apple Watch.
© Finextra Research 2015