Post Tagged with: "Square"

Funding Circle Raises $100mm, Defying Post-Brexit Doomsday Prophets

Funding Circle Raises $100mm, Defying Post-Brexit Doomsday Prophets

by January 12, 2017 at 9:53 am 1 comment

Everything that happened in fintech this week in the U.K. is just plain wrong. Funding Circle raised $100 million for its peer-to-peer lending platform AND notched record lending activity in the final quarter of 2016  — AND pushed its U.K. operation into profitability. Brexit? Shmexit. Oh, the indignity of it.Read More

Square Virtual Cards Now Work with Apple Pay

Square Virtual Cards Now Work with Apple Pay

by December 7, 2016 at 12:08 pm 0 comments

Users of Square’s virtual payment cards can now link those cards to their Apple Wallets, expanding the company’s reach in the payments sphere once again—this time with Square Cash leading the way. The tie-in was announced yesterday at the Recode Code Commerce event in San Francisco by Square CEO Jack Dorsey.Read More

Will Stripe’s New Funding Lead to an IPO?

Will Stripe’s New Funding Lead to an IPO?

by November 28, 2016 at 3:40 pm 1 comment

Digital payments startup Stripe, begun back in 2000 by a pair of Irish brothers, has just raised new funding that values the company at just over $9 billion—and incidentally makes its founders the youngest billionaires in Ireland. In all, $150 million in new capital was raised. This brings the company’sRead More

Square Capital Drives Company Revenue

Square Capital Drives Company Revenue

by November 4, 2016 at 11:19 am 2 comments

Square reported its third quarter 2016 earnings this week, and it’s not a particular surprise that the company exceeded all expectations: for the third consecutive quarter Square surpassed its expected metrics with a GPV of $13.2 billion, up 39% year over year. As was the case last quarter, CEO Jack Dorsey attributedRead More

Circle, Square, and Venmo Tie Into Siri & iMessage

Circle, Square, and Venmo Tie Into Siri & iMessage

by September 20, 2016 at 11:44 am 1 comment

With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of payments apps on Apple’s newly platformized apps are: Venmo, the P2P payments platform from PayPal; Square Cash, from mobile payments serviceRead More

Why Vantiv Loves Pizza

Why Vantiv Loves Pizza

by September 13, 2016 at 11:07 am 0 comments

Last week, Vantiv Inc. secured a significant card processing deal. And the payments industry barely noticed. It should have. Vantiv, based in Cincinnati, scored the processing business of Papa John’s International Inc., the fourth-largest pizza store chain in the nation. But Vantiv didn’t just secure the payments volume in its 3,300 stores.Read More

Square Brings Payments, SC Offerings to Vend, TouchBistro Partnership

Square Brings Payments, SC Offerings to Vend, TouchBistro Partnership

by August 29, 2016 at 12:08 pm 3 comments

Thought you were done hearing about Square for the month? Think again! The company is building momentum on its already-fabulous year by partnering with point-of-sale companies TouchBistro and Vend, who in previous years probably would have been thought of as Square’s competition. “We’ve always been impressed by Square’s very elegantRead More

Millennials Actually Trust Traditional Banks More than Venmo

Millennials Actually Trust Traditional Banks More than Venmo

by August 23, 2016 at 10:01 am 3 comments

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials. The millennial desire for speed, ease, and efficiency has been remarked upon almost exhaustively in fintech,Read More

Large Seller Growth Swells Square For Favorable Q2

Large Seller Growth Swells Square For Favorable Q2

by August 12, 2016 at 12:36 pm 3 comments

It’s hip to be Square — a Square seller, that is. Square’s Q2 earnings report was released last week, with the company’s results and changes in corporate strategy setting the fintech community abuzz with chatter and speculation. One of the main focuses for analysts and company enthusiasts was seller volume, particularRead More

Fiserv, PayPal and Square Join Visa Direct Realtime Network

Fiserv, PayPal and Square Join Visa Direct Realtime Network

by August 5, 2016 at 11:50 am 2 comments

The ubiquity of realtime money transfers in the U.S. took a step forward with yesterday’s news that Visa Direct was partnering with such major players as PayPal, Fiserv, and Square. Fiserv became one of the many companies choosing to partner with Visa for faster and more secure payment services, it wasRead More