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Square Announces General Availablity of New Developer Tool “Terminal API”

Payments platform Square announced on Thursday the general availability of its newest developer tool, Terminal API. According to Square, the new API enables developers to connect Square Terminal, an all-in-one card payments device, to their POS, ERP, or practice management system, regardless of the platform or… Read More

Square Buys Bitcoin – “We believe that bitcoin has the potential to be a more ubiquitous currency”

Square (NYSE:SQ), a popular payments platform, has purchased 4709 Bitcoin or about $50 million worth in a sign of solid support for the world’s most popular cryptocurrency. In a release, Square said that Bitcoin was an “instrument of economic empowerment and provides a way for… Read More

Square Unveils On-Demand Pay & Instant Payments Feature For Payroll Customers

Payments platform Square announced on Tuesday the launch of two new features, On-Demand Pay for employees, and Instant Payments for employers. The company claims that the features will enable Square Payroll customers and their employees to more easily and effectively manage their cash flow. “The… Read More

Payments Firm Square Reports $875 Million in Bitcoin (BTC) Revenue via Cash App during Q2 2020

Payments company Square (NYSE:SQ) reported on August 4, 2020, that it generated $875 million in Bitcoin (BTC) related revenue through the company’s popular Cash App service during Q2 2020. Overall, Square reported a big beat topping analyst expectations. The jump was driven in part from… Read More

Square Announces Acquisition of Operations Management Platform Stitch Labs

Payments platform Square recently announced it has acquired Stitch Labs, an operations management platform for growing commerce brands. The acquisition comes less than a month after Square acquired Spain-based P2P payments app, Verse.  Founded in 2011, Stitch Labs describes itself as the leading operations management… Read More

Square Announces Acquisition of Spanish P2P Payments App Verse

Payments platform Square announced on Monday it has acquired Spain-based P2P payments app, Verse. Founded in 2015, Verse describes itself as a mobile app that allows users to share payments easily, instantly, and with no hidden fees. “Not only can you pay and receive money… Read More

Jack Dorsey’s Square Crypto Awards Grant to Talaia, Developer of FOSS Lightning Network Watchtower, called Eye of Satoshi

Square Crypto, a Bitcoin (BTC) focused initiative launched by Jack Dorsey’s payments company Square (NYSE:SQ), has awarded a grant to Talaia (pronounced “Talaia”), a project-based in Spain and developed by Sergi Delgado, a distributed networks specialist from Barcelona. Square Crypto noted via Twitter: “Talaia is… Read More

Payments Company Square’s Cash App Now Lets Users Schedule Automatic Bitcoin (BTC) Purchases at Set Time Intervals

Payments company Square‘s (NYSE:SQ) Cash App now lets users schedule automatic Bitcoin (BTC) purchases at specific times, which includes daily, weekly, or bi-weekly options. Cash App’s new feature is called “Auto Invest,” and seems to be based on the concept of dollar-cost averaging, which involves… Read More

Payments Company Square Generated $306 Million in Bitcoin (BTC) Revenue During Q1 2020

Payments company Square (NYSE:SQ) revealed on May 6, 2020 that it generated $306 million in Bitcoin (BTC) revenue during Q1 2020. Square noted in its latest earnings release to investors: “Bitcoin revenue generated gross profit of $7 million in the first quarter of 2020.”  The… Read More

COVID-19 Relief: Payments Giant Square to Add Feature Allowing Users to Directly Access Stimulus Funds from their Cash App Accounts

The US Internal Revenue Service (IRS) confirmed on April 10, 2020 that it would be providing a tool for eligible American citizens and residents who don’t normally submit tax return documents, so that they can get access to government Coronavirus (COVID-19)-related stimulus funds. Soon after… Read More

COVID-19 Response: Square and Venmo’s Parent PayPal are Talking to US Government About Using their Apps to Deliver Stimulus Payments to Americans

Payments company Square (NYSE:SQ) and Venmo’s parent firm PayPal (NASDAQ:PYPL) are reportedly holding discussions with the US government about potentially using their applications to provide much-needed stimulus payments to American citizens, following the global Coronavirus (COVID-19) outbreak. The new service being proposed by Square and… Read More

Square Announces $1 Billion Convertible Notes Offering Pricing

Payments platform Square recently announced the pricing of $1.0 billion aggregate principal amount of convertible senior notes due 2025 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. Square revealed that the notes will be senior,… Read More

Jack Dorsey’s Payments Firm Square Releases Q4 2019 Earnings Report, Reveals Record-Breaking Quarter for Bitcoin Transactions

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

SME Platform Xero Integrates Payment Tech Firm Square’s Software in Australia to Enable Instant Payments for Business Invoices

Small and medium-sized enterprise (SME) platform Xero has reportedly made a new technology integration with Square’s software in Australia, in order to allow users to make instant payments of small-business invoices. The new feature will allow small and medium-sized businesses (SMBs) using Square’s platform to… Read More

Square Announces Acquisition of Dessa

Payments platform Square recently announced it has acquired Dessa,  which is described as a Toronto-based company building machine learning applications that address significant “real-world challenges” for all types of businesses.  According to Square, the acquisition of Dessa will help the platform further boost its machine… Read More

Square Announces New Instant Transfer Fees

Digital payments service Square recently announced its instant transfer fees will be 1.5% per transfer. Square reported that as of January 7, 2020, the rate for instant and same-day transfers from a user’s Square balance to their bank account is changing to 1.5% per transfer…. Read More

Square Hiring Product Manager, Crypto Investing, to “Grow Adoption”

Square (NYSE:SQ), maker of the popular mobile peer-to-peer payments service Cash App, is hiring a Product Manager to build out Cash App’s cryptocurrency investing services. Cash App’s new Product Manager, Crypto Investing, will focus on growth. The successful candidate will have license to, “own the… Read More

Square Announces Sale of Caviar to DoorDash

Payment process platform Square announced on Friday it has completed the sale of food delivery service, Caviar, to DoorDash. Square reported that Caviar was sold to DoorDash on October 31st for $410 million in a mix of cash and DoorDash stock. “Caviar will be included in… Read More

Square Launches Stock Investing on Cash App

Cash App, a mobile payments app developed by Square (NYSE:SQ) that allows peers to transmit money between cellphones, make retail payments, and cash out via credit card, “Cash Card” or ATM, has added stock trading as a feature. The development was announced October 24th on… Read More

Square Fills Out Crypto “Bitcoin Dream Team” with Three New Hires

Financial services company Square Inc. (NASDAQ:SQ), co-founded in 2009 by Jim McKelvey and Twitter’s Jack Dorsey, has announced three new hires to the company’s Bitcoin-services development division. According to the company, Wallace is a former developer from Lightning Labs, the company behind the Lightning Network,… Read More

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