Tagged: square

November 8, 2017 @ 9:09 pm By JD Alois  |  

Square, the massive payments platform that is slowly moving into online lending, filed a for a patent back in March of 2015 that was granted just a few weeks back (September 2017). The Patent is described as follows: “A system and method for calculating crowdfunding… Read More

November 8, 2017 @ 4:30 pm By JD Alois  |  

Square (NYSE:SQ), a growing Fintech and payments platform, reported earnings after the bell today. Square saw “ongoing strength” in transaction, subscription and services-based revenue. Top-line revenue grew from the Q2 of 2017 increasing 33% year over year, up from 26%.  Gross Payment Volume (GPV) jumped… Read More

October 11, 2017 @ 8:54 am By JD Alois  |  

There are two ways that big business competes in the USA. You can provide a better product or service for your customers or you can work with elected and appointed officials to block innovative firms. Of course, the consumer loses out in all this, but… Read More

August 3, 2017 @ 11:31 am By JD Alois  |  

Square (NYSE:SQ) reported Q2 earnings yesterday. The company topped expectations by posting a loss of ($0.04) a share versus an expected loss of ($0.05) a share. While the company entered its existence as a streamlined payments processor for everyone, Square has quickly morphed into a… Read More

April 18, 2017 @ 10:03 am By Erin Hobey  |  

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More

July 19, 2016 @ 10:47 am By JD Alois  |  

BlueVine, an online lender providing factoring finance, has hired Eric Sager as Chief Revenue Officer. Sager was formerly head of sales for Square. Simultaneously, BlueVine has increased their max credit line to $500,000 for invoice factoring and $50,000 for “flex credit.” Sager will be tasked… Read More

May 7, 2016 @ 2:27 pm By JD Alois  |  

Square, the point of sale payment system that many small business now use, reported Q1 earnings results this past week. Square co-founder and CEO Jack Dorsey delivered disappointing numbers as the first quarter loss jumped to $98 million up from the year prior number of… Read More

March 27, 2016 @ 8:47 pm By JD Alois  |  

A growing number of platforms are offering credit to their consumers as it appears just about everyone is getting into the online lending business these days. Square (NYSE:SQ), in launching loans from Square Capital provided by Celtic Bank in Utah, has provided another incremental service… Read More

March 4, 2016 @ 1:42 pm By Samantha Hurst  |  

On Thursday, Kickstarter announced it has filed an amicus brief with sixteen other companies to support Apple in its fight to protect the privacy and security of its millions of customers. Following the devastating shooting in San Bernardino last December, a federal court ordered the technology giant… Read More

February 25, 2016 @ 2:06 am By Midori Yoshimura  |  

UK investment for financial technology (FinTech) firms increased by 35 percent to $901M across 72 deals, according to statistics compiled through PitchBook by Innovate Finance, the not-for-profit membership association for global FinTech. The rise in UK investment was led by large funding rounds from Funding… Read More

September 16, 2015 @ 2:42 pm By Samantha Hurst  |  

Trulioo, the leading provider of online identity verification for the international market whose clients include Kickstarter, Stripe, Square and PayPal, today announced that former PayPal veteran Amy Penn has been appointed as Vice President of Sales to help the company capitalize on its escalating sales… Read More

July 21, 2015 @ 1:29 pm By Samantha Hurst  |  

Trulioo, a provider of online identity verification for the international market whose clients include Kickstarter, Stripe, Square and PayPal, announced that identity and fraud industry expert Jon Jones has been appointed as President. Jones is an accomplished leader in the fraud, compliance and identity space having… Read More

June 25, 2015 @ 3:45 pm By Samantha Hurst  |  

On Thursday, photo-friendly smartphone app, STAND,  announced it has raised $2.25 million seed funding round, which was led by Resolute Ventures, with participation from Silicon Valley influencers including Jack Dorsey, Twitter/Square; Greylock Discovery (Josh Elman); Fresco Capital (Tytus Michalski and Stephen Forte); Meng Tan, Google; Doug… Read More