Block - News, Articles & Research

Company announcement/payments

Square Payroll introduces On-Deman Pay and instant payments

Today, Square announced the launch of two new features that enable Square Payroll customers and their employees to more easily and effectively manage their cash flow: On-Demand Pay for employees, and Instant Payments for employers.

16 September 2020

News/crypto

Square forms crypto patent alliance to promote open-source spirit

Square, the US-based payment company owned by Twitter founder Jack Dorsey, is urging crypto companies to join its newly-formed patent alliance in a bid to maintain an open-source community within the industry and mitigate the malicious use of patents.

11 September 2020

Company announcement/payments

Square and Mastercard touch down in the Falkland island

Launching today as part of London Tech Week, Square, Mastercard and the Falkland Islands Government will announce a new partnership, Connecting the Falklands, solving one of the greatest challenges facing the Islands' small and medium-sized businesses - accepting card and digital payments.

08 September 2020

Company announcement/payments

Square data shows rise of cashless and digital payments across the UK

A new report from payments company Square reveals a shift in business and consumer behaviour towards digital payments and a decline away from cash, greatly accelerated by safety measures put in place to cope with COVID-19.

20 August 2020

News/payments

Square and Coinbase eye consumer lending market

Square is piloting a feature that lets users of its Cash App P2P payments service get small, short-term loans.

14 August 2020

Company announcement/payments

Square acquires Stitch Labs

We’ve acquired Stitch Labs, an operations management platform for growing commerce brands. Stitch Labs has a strong background in building key tools for businesses such as inventory and order management, channel management, and fulfillment solutions.

14 July 2020

News/startups

Square veterans score funding for Aussie business banking startup

A pair of former Square executives has raised A$6.3 million in seed funding for an Australian business banking startup.

01 July 2020

Company announcement/payments

CRM startup vcita Integrates with Square to accept payments online

CRM startup vcita has teamed up with Square to help small businesses manage their business online.

16 June 2020

Company announcement/payments

Square acquires Spanish P2P payments app Verse

We’ve acquired Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge.

16 June 2020

News/payments

Square and Venmo offer to deliver stimulus payments

Square and Venmo parent PayPal are talking to the US government about using their apps to deliver Covid-19 stimulus payments to Americans that do not have bank accounts.

30 March 2020

News/regulation

Square wins approval for FDIC loan charter

Payments company Square has won conditional approval from the Federal Deposit Insurance Corporation to become a deposit-taking bank via an Industrial Loan Company (ILC) licence.

19 March 2020

Company announcement/ai

Square acquires Toronto-based machine learning company Dessa

We’ve acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses.

12 February 2020