Square

Jack Dorsey

Jack Dorsey’s Block beats profit estimates

Block Inc, the payments company of Twitter Inc founder Jack Dorsey, posted better than expected fourth-quarter profit thanks to a highly volatile bitcoin market and booming online ...

Afterpay

Afterpay’s meteoric rise as a lending pioneer

Block Inc, formerly Square Inc, is set to complete its acquisition of buy now, pay later (BNPL) company Afterpay Ltd by Feb. 1, one of the biggest takeovers in Australian history.

Afterpay

Afterpay gets shareholder nod for Block Inc buyout; majority of proxy votes in favour of deal

Buy now pay later firm Afterpay Ltd said on Tuesday its $29 billion buyout by Block Inc, previously known as Square, got overwhelming support from shareholders, with 99.79% of the ...

Jack Dorsey

Dorsey-led Square rebrands to Block in nod to blockchain

Square Inc, the payments company led by Twitter Inc co-founder Jack Dorsey, has said it was changing its name to Block Inc, as it looks to expand beyond its payment business and in...

Platform News: Twitter and Square CEO Jack Dorsey

Twitter CEO Jack Dorsey hands reins to technology chief Agrawal

Twitter Inc CEO Jack Dorsey is stepping down from his role and CTO Parag Agrawal will now lead the company, the social networking platform has announced.

Klarna

Klarna launches ‘Pay Now’ service in US

Klarna has said it has launched its “Pay Now” service in the US to allow customers to pay immediately and in full at any online retailer where the Swedish financial tec...

Jack Dorsey

Square quarterly profit jumps on bitcoin boost

Square reported a nearly 60% rise in third-quarter gross profit on Thursday, fuelled by a jump in bitcoin transactions on its peer-to-peer payment service Cash App.

Jack Dorsey

Square CEO Dorsey says looking to build a bitcoin mining system – tweet

Square Inc CEO Jack Dorsey has said that the leading FinTech player is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as b...

Platform Economy: Starting a simple business with Shopify e-commerce

Banks beware, outsiders are cracking the code for finance

Anyone can be a banker these days, you just need the right code.

Afterpay

The $29 billion deal in 11 weeks: how Square bought Afterpay

Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his payments company, Square Inc, also likes getting straight to the...

Jack Dorsey

Jack Dorsey leads $29 billion buyout of lending pioneer Afterpay

Square Inc, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay Ltd for $29 billion, creating a global transactions giant ...

Platform Industry: Bitcoin and digital currencies

News short: Square to create new bitcoin-focused business unit

FinTech company Square Inc is creating a new business focused on bitcoin, Chief Executive Officer Jack Dorsey said in a tweet on Thursday.

Platform News: Squarespace

Dorsey’s Square plans to make hardware wallet for bitcoin

Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet yesterday, shortly before US Senator Elizabeth Warren flagged growing risks posed to c...

Platform News: PayPal

PayPal overhauls US rates as payments rivalry heats up

PayPal will lift merchant costs for its branded payment products while cutting those for behind-the-scenes processing of some Visa and Mastercard transactions, a bold move in an in...

Fintech: Marqeta

Marqeta prices IPO above range, valuing it at $15 billion

US payments start-up Marqeta, which counts the likes of Uber Technologies and Stripe among existing backers, has priced its IPO well above the target range to raise $1.2 billion, a...

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