21 August 2017
visit www.avoka.com

Square to open New York office to house 350 employees

25 April 2014  |  4642 views  |  0 New York Skyline 2

Payments startup Square is opening an office in New York's SoHo as it prepares to add more than 300 employees in the city.

The San-Francisco-headquartered mPOS pioneer has inked a 10 year lease on a 44,000 square feet space at 375 W Broadway and plans to move in this Summer.

Square already has a small presence in New York thanks to the 2012 acquisition of design agency 80/20. However, the new office will enable it to increase its staff in the city from a couple of dozen to 350.

Demetrios Marantis, head, international government, regulatory, and policy work, Square, says: "We are inspired by the innovation in New York State and thrilled to be near the world's leading financial center and part of its ever-growing tech industry."

Jack Dorsey's firm employs 800 people and recently moved into a new 150,000-square-foot corporate headquarters in San Francisco and also has offices in Atlanta, Kitchener-Waterloo, and Tokyo.

News of the expansion comes days after reports surfaced that Square held talks with Google about a possible sale amid growing losses and a shrinking cash pile.
KeywordsEFTPOSFINDEX

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Square denies it discussed sale to Google

Square denies it discussed sale to Google

22 April 2014  |  5881 views  |  1 comments | 12 tweets | 8 linkedin
Square tests food ordering app

Square tests food ordering app

28 February 2014  |  5167 views  |  0 comments | 6 tweets | 6 linkedin
Square explores 2014 IPO - Wall Street Journal

Square explores 2014 IPO - Wall Street Journal

07 November 2013  |  4407 views  |  0 comments | 7 tweets | 1 linkedin
Square Wallet gets a caffeine jolt at 7000 Starbucks stores

Square Wallet gets a caffeine jolt at 7000 Starbucks stores

08 November 2012  |  8626 views  |  0 comments | 11 tweets | 6 linkedin
Square arrives in Canada

Square arrives in Canada

24 October 2012  |  6666 views  |  1 comments | 11 tweets | 1 linkedin
Square cuts New York taxi pilot short

Square cuts New York taxi pilot short

16 October 2012  |  8829 views  |  0 comments
Square closes $200m funding round

Square closes $200m funding round

17 September 2012  |  8710 views  |  0 comments
Square bids to take over the point-of-sale

Square bids to take over the point-of-sale

05 March 2012  |  10652 views  |  2 comments
Visa invests in Square

Visa invests in Square

28 April 2011  |  15475 views  |  1 comments
Square processing $1m per day; Apple boasts payment stats

Square processing $1m per day; Apple boasts payment stats

03 March 2011  |  12317 views  |  4 comments
Twitter founder Dorsey launches mobile phone credit card reader

Twitter founder Dorsey launches mobile phone credit card reader

02 December 2009  |  18381 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.abe-eba.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10981 views comments | 24 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9226 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9141 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9038 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8857 views comments | 10 tweets | 8 linkedin