Square forms partnership with Toronto's MaRS fintech hub

Source: MaRS Discovery District

MaRS Discovery District today announced a partnership with Square. As part of MaRS Financial Technology (fintech) cluster, Square will connect and collaborate with companies in the MaRS community to continue to push the boundaries in payment technologies.

Square creates tools that help sellers of all sizes start, run and grow their businesses. Square's point-of-sale service offers tools for every part of running a business, from accepting credit cards and tracking inventory, to real-time analytics and invoicing.

Square recently acquired Kili Technology, a company that develops silicon, electronics and software that simplify and optimize payment processing.

Square is heavily invested in Canadian tech talent, with growing engineering teams in both its Toronto and Kitchener-Waterloo offices.

“We’re thrilled to partner with MaRS and be a part of the thriving Canadian fintech community. We’re continually investing in Canada, both through our talented engineering teams in Toronto and Kitchener-Waterloo, and through our growing suite of services for developers and small business owners. We’re excited to work with MaRS to strengthen our investment in the local fintech ecosystem.” – Cathy Vigrass, Head of Canada at Square

“Square’s partnership with MaRS expands the resources and opportunities available to our fintech community. The San Francisco company now has two offices in the region and has already acquired a local tech company, we’re delighted that they are coming onboard.” – Adam Nanjee, Head of financial technology at MaRS 

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