We’ve acquired Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge.
We were drawn to Verse’s strong team, and they share a similar approach to us around inventing and learning to better serve customers. Verse will join the Cash App organization at Square, enabling the two teams to learn from one another as we provide them with additional support through Cash App technology and resources.
At this point, our main priority is enabling Verse to continue their successful growth in Europe. Verse will continue to operate as an independent business, working out of their offices with no immediate changes to their existing products, customers, or business operations.
We are thrilled to have the Verse team on board and look forward to what we can create for our customers together.