square acquisition Archives

Mobile payments “success” story, Square, in sale talks

04/24/201404/22/2014 Jennifer Goula

Square Inc. mobile payments nfc technology

As the struggles that are faced by the company continue to grow, discussions of acquisitions grow. Square has been seen as a startup that has everything it takes to succeed, and while it has achieved international adoption and is among the most widely recognized brands in the mobile payments industry, it has been facing a rising number of struggles and there are now talks that acquisition could be in its future. The problem is that its cash is continuing to shrink while its losses continue to broaden. Reports are now…

M-payments acquisition of Evenly made by Square

12/17/201312/14/2013 Stephanie Beck

The processing business is seeking to broaden its capabilities through the purchase of the startup. The most recent acquisition made by Square appears to be geared toward making it easier for its app users to be able to use m-payments to send and collect money from their friends. This was what the company revealed when it announced its acquisition of Evenly. The acquired company was designed to be an easy m-payment app that has tools that Square clearly finds to be highly appealing and wants to be able to integrate…