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Tag: Square

Cash App’s parent company Square is now officially a bank

A year after receiving Federal Deposit Insurance Corp (FDIC) approval, Square Financial Services, Square’s state-chartered industrial bank has begun operations.

Over 1 million users bought bitcoin for the first time on...

Almost a million users bought bitcoin for the first time last month through Cash App, Square's mobile payment service that allows users to invest in cryptocurrency, Square CFO Amrita Ahuja told CNBC.

The US Department of Justice steps in on Intuit’s $7.1bn acquisition...

The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.

Satispay collects €93m in Series C round

Italian mobile payments startup Satispay has netted €93m in a Series C round, bringing the total capital injected into the venture since its 2013 launch to €110m.

Revolut rumoured to soon apply for California banking licence

UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.

Square is testing short-term small loans through its Cash App.

Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.

Square has sold food delivery service Caviar to DoorDash for $410m

Payment process platform Square has sold Caviar, the food delivery service, to DoorDash, the meal delivery company.

Freetrade bags $15m in Series A round to scale its commission-free...

UK FinTech has gone from strength to strength over the past few years. Now, despite the shadow of Brexit, yet another venture has raised a big round.

Jack Dorsey’s Square is apparently looking to compete with Robinhood

Square, the FinTech company founded and led by Twitter CEO Jack Dorsey, is launching a new stock-trading function on its Cash App, which will compete with Robinhood.

Square is set to acquire website developer Weebly in deal worth...

Payment processor Square is set to acquire Weebly, a website developer, in a deal worth around $365m.

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