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Square Inc Q4 Total Net Rev Was $3.16 Bln, Up 141% Year Over Year
Square Inc Reports Qtrly Bitcoin Revenue $1.76 Billion
Square Inc Reports Fourth Quarter And Full Year 2020 Results
Square, Inc. (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment. With its offering, a seller can accept payments in person via magnetic stripe (a swipe), Europay, MasterCard, and Visa (EMV) (a dip), or Near Field Communication (NFC) (a tap); or online via Square Invoices, Square Virtual Terminal, or the seller's Website. Once on its system, sellers gain access to technology and features, such as reporting and analytics, next-day settlements, digital receipts, payment dispute management and chargeback protection, and Payment Card Industry (PCI) compliance. On the consumer (buyer) side, Square Cash offers individuals access to a way to send and receive money.
Consumer Financial Services
1455 Market Street, Suite 600
SAN FRANCISCO, CA
Chairman of the Board, President, Chief Executive Officer
Chief Financial Officer
General Counsel and Corporate Secretary
Cash App Lead
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Square Inc raised the bets on bitcoin by investing $170 million more and Chief Executive Jack Dorsey promised on Tuesday to "double down" on the payment firm's commitment to the world's biggest cryptocurrency.
Payments firm Square Inc said on Tuesday it had purchased about 3,318 bitcoins for an aggregate price of $170 million. (https://squ.re/3bzMZYU)
Italy has given Square Inc, the mobile payments firm of Twitter co-founder Jack Dorsey, and China's Tencent a conditional green light to invest in Italian start-up Satispay, a source close to the matter told Reuters.
Cash App's halt came on the heels of online brokerage Robinhood placing similar constraints on shares of some companies, as clearinghouse deposit requirements tied to trading volumes jumped and strained its finances. Robinhood on Monday tapped almost $3.4 billion in emergency...
Cash App's clearing broker has temporarily halted its ability to buy stocks of AMC Entertainment and Nokia Oyj, the unit of Square Inc said in a blogpost on Tuesday. (https://bit.ly/3cD9RJ1) (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shinjini Ganguli)
Square Inc <SQ.N> shares rose 7% in extended trading on Thursday after the company's third-quarter profit beat estimates, helped by growth in online payments and its consumer business Cash App.
Square Inc reported a 24% jump in third-quarter profit on Thursday, as the COVID-19 pandemic boosted online spending and transactions on the company's peer-to-peer payments app.
Personal-finance firm Credit Karma is in talks to sell its tax-preparation business to Square Inc <SQ.N>, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Payments processor Square Inc <SQ.N> reported on Tuesday a 64% jump in second-quarter revenue as consumers increased online buying and used its peer-to-peer Cash App platform during the COVID-19 pandemic.
Payments processor Square Inc reported on Tuesday a 64% jump in second-quarter revenue, as consumers shifted towards more online buying and used its peer-to-peer Cash App platform during the COVID-19 pandemic.
Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of loans to small businesses to help them weather the economic shutdown brought on by the coronavirus pandemic.
Jack Dorsey, the chief executive of Square Inc and Twitter Inc, said June 19, popularly known as 'Juneteenth', would be a permanent company-wide holiday in the United States to show support for racial diversity.
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire.
Wall Street analysts looked past a surprisingly shaky first quarter for payment processors PayPal Holdings Inc <PYPL.O> and Square Inc <SQ.N> hoping that the shift towards more online buying will see their businesses surge this year.
Square Inc <SQ.N> reported a suprise loss in the first quarter and stayed away from issuing a forecast for the current quarter as well as for the full year on Wednesday, as the COVID-19 pandemic led to a sharp fall in financial transactions on its payments platform.
Payments processor Square Inc reported a bigger quarterly loss on Wednesday as operating expenses, especially sales and marketing, rose.
Twitter Inc <TWTR.N> Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc <SQ.N>, the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.
Square Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged $1 billion of his equity in the payments processor toward efforts aimed at fighting the coronavirus outbreak.
LendingClub Corp on Monday cut loan approval rates for some high-risk borrowers and increased income and employment verification requirements, in a sign that alternative lenders could pull back from lending as the coronavirus crisis deepens.
Jack Dorsey-led Square Inc on Tuesday pulled its 2020 revenue forecast on uncertainty related to the coronavirus outbreak, a day after Twitter Inc, which is also headed by Dorsey, withdrew its full-year outlook.
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