Square

Description

Square is a merchant services aggregator and mobile payment company that aims to simplify commerce through technology.

Overview
Foundation year: 2009
Location: San Francisco, California, United States
Number of employees: 3835
Founders: Jack Dorsey, Jim McKelvey
Website: http://squareup.com
Target geographic market:

US, Canada, Japan, Australia, and the United Kingdom

About Product/Service
Volume of Transactions in 2019$110B
Regulators/CompliancePCI, GDPR, PSD2, SCA
ValuationUSD 39.51B
Pricing"Square 2.75% per card swipe Square for Retail Starts at $60/location/month +2.5% charge + $0.10 per swipe"
The Base CurrencyUSD
 
Product cost-
PCI compliance
POS System Invoicing
Fraud prevention
Processes multiple types of credit or/and debit cards
Processes ACH Payments and eChecks
Recurring subscriptions and billing
Payment analytics and reporting
Third party integrations
Buyer authentication
Storage of customer information

Key people

Funding rounds

Last Funding Date Jul 31, 2016
Last Funding Type Venture - Series Unknown
Total Funding Amount 590,500,000
Number of Funding Rounds 8

Financials

Type of customersSmall Business Large Enterprises Medium Business
Estimated revenue$1B to $10B
Number of investors 44
Number of lead investors4
Names of lead investors"Sequoia Capital Kleiner Perkins SV Angel Goldman Sachs First Round Capital Khosla Ventures Silicon Valley Bank GGV Capital Tiger Global Management Data Collective DCVC Tuesday Capital Sapphire Ventures Morgan Stanley Lightbank Acequia Capital (Acecap) JP Morgan Chase GIC Esther Dyson Citi Ventures Xavier Niel J oshua Schachter Visa Arjun Sethi Virgin Group JP Morgan Biz Stone Fritz Lanman VMware Barclays Investment Bank Marissa Mayer Kevin Rose Omega Venture Partners Sozo Ventures David Lee Access Technology Ventures Shawn Fanning Greg Yaitanes Dennis Crowley Starbucks Jean-Brice Abrial Jim Pitkow Rizvi Traverse Management Robin Chan Andrew Rasiej"

Tech stack

Devices supportedWindows Mac Web-based
LanguagesEnglish
DeploymentCloud Hosted

Competitors

Founding Date Type Tags
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2015 Private challenger banks, fintech
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2018 Private Challenger banks, fintech
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2018 Private fintech, challenger banks
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2013 Private challenger bank, fintech
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Contis

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2008 Private Challenger banks, fintech

Reviews

4.3 out of 5

Number of uploads: 10 000 000
Number of reviews: 124
Updated: October 29, 2020
Last Version: N/a

4.8 out of 5

Number of uploads: n/a
Number of reviews: 225.7K
Updated: October 26, 2020
Last Version: 5.50.1

4.4 out of 5

Number of uploads: n/a
Number of reviews: 1506
Updated: n/a
Last Version: n/a

4.0 out of 5

Number of uploads: n/a
Number of reviews: 628
Updated: n/a
Last Version: n/a

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