Square Strategy Teardown: From IPO Downround To $13B Fintech Bank Of The Future Contender
CB Insights
NOVEMBER 2, 2017
Square launched in 2009 with an initial product that enabled sellers to accept card payments using a smartphone-attachable magnetic stripe dongle. Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more.
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