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square [2023/04/06 01:32] liam | square [2023/04/06 02:40] (current) liam |
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In 2009, [[Jack Dorsey]] and [[Jim McKelvey]] began developing the Square payment service. The pair demonstrated the tech to investors at the 2009 [[Allen & Company]] conference, earning themselves an investment from [[Khosla Ventures]].((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) | In 2009, [[Jack Dorsey]] and [[Jim McKelvey]] began developing the Square payment service. The pair demonstrated the tech to investors at the 2009 [[Allen & Company]] conference, earning themselves an investment from [[Khosla Ventures]].((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) |
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| Square headhunted [[Bob Lee]], a lead developer for [[Google]]'s [[Android]] platform, in January 2010. Lee joined the team as Chief Technology Officer (CTO).((Hurley, B. (2023, April 5). //Everything we know about the murder of Cash App founder Bob Lee.// The Independent. http://archive.today/2023.04.05-191522/https://www.independent.co.uk/news/world/americas/crime/cash-app-founder-bob-lee-stabbed-san-francisco-b2314740.html)) |
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The company launched the first version of the service in May 2010.((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) | The company launched the first version of the service in May 2010.((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) |
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| Square secured a debt financing agreement in April 2014 with [[Barclays]], [[Goldman Sachs]], [[JPMorgan Chase]], [[Morgan Stanley]], and [[Silicon Valley Bank]] (SVB).((//Debt Financing - Square.// Crunchbase. Retrieved April 5, 2023, from https://www.crunchbase.com/funding_round/square-debt-financing--e458eddf)) |
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| ===== Organization ===== |
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| ==== Funding ==== |
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| Investors in Square include:((//Square - Funding, Financials, Valuation & Investors.// Crunchbase. Retrieved April 5, 2023, from https://www.crunchbase.com/organization/square/company_financials)) |
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| <WRAP column col4> |
| * [[Access Technology Ventures]] |
| * [[Acequia Capital]] |
| * [[Barclays]] |
| * [[Citi Ventures]] |
| * [[GGV Capital]] |
| * [[GIC]] |
| * [[Goldman Sachs]] |
| * [[JPMorgan Chase]] |
| * [[Khosla Ventures]] |
| * [[Kleiner Perkins]] |
| * [[Morgan Stanley]] |
| * [[Omega Venture Partners]] |
| * [[Rizvi Traverse]] |
| * [[Sapphire Ventures]] |
| * [[Sequoia Capital]] |
| * [[Silicon Valley Bank]] (SVB) |
| * [[Sozo Ventures]] |
| * [[Starbucks]] |
| * [[SV Angel]]((//SV Angel.// FinTech Global. Retrieved April 5, 2023, from https://web.archive.org/web/20230405234635/https://fintech.global/investors/sv-angel/)) |
| * [[Tiger Global Management]] |
| * [[Tuesday Capital]] |
| * [[Virgin Group]] |
| * [[Visa]] |
| * [[VMware]] |
| </WRAP> |
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===== External links ===== | ===== External links ===== |
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* [[https://en.wikipedia.org/wiki/Block,_Inc.|Wikipedia]] | * [[https://en.wikipedia.org/wiki/Block,_Inc.|Wikipedia]] |