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Square brings its Stand for iPad tablets to the UK

Square, the company that provides payments and other business services to merchants, is today taking another step in its gradual expansion outside of the U.S. Stand — one of Square’s key pieces of hardware, turning an iPad into a point of sale system — is launching in the U.K. It will sell for £64 (+VAT) and will be sold alongside ... Read More »

Circle raises $110 million (or 13,300 BTC)

Cryptocurrency startup Circle has raised a $110 million funding round, which values the company near $3 billion. Cryptocurrency mining company Bitmain is leading the round. Existing investors IDG Capital, Breyer Capital, General Catalyst, Accel, Digital Currency Group and Pantera are investing more money. Blockchain Capital and Tusk Ventures are investing in Circle for the first time. Goldman Sachs also invested ... Read More »

iZettle, the ‘Square of Europe’, plans IPO to raise around $227M, valuing it at $1.1B

The strong climate for tech IPOs at the moment is leading yet more mature startups to set up their own plans to list, and the latest development on that front is coming out Sweden. iZettle, the payments and small business financial services startup that is often referred to as the “Square of Europe,” with some 413,000 business customers, today confirmed ... Read More »

Square launches restaurant point-of-sale platform

Square, which has already made its way into retail stores and service-based businesses (think hair salons, massage therapists, etc.), is officially getting into the restaurant business with the launch of Square for Restaurants. Square for Restaurants is a point-of-sale system that handles everything from menu updates, floor layouts, employee scheduling and performance tracking to tip splitting. Usually, restaurants have “some ... Read More »

Square is acquiring website builder Weebly for $365M

Square just announced that it’s reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it’s also been expanding into other areas; for example, with the acquisition of food delivery service Caviar and corporate catering startup Zesty. Weebly, meanwhile, offers easy-to-use website-building tools. While those tools ... Read More »

Square acquires corporate catering startup Zesty

Square has acquired elements of corporate catering startup Zesty . Square, which already owns on-demand food delivery service Caviar, plans to use Zesty’s assets to strengthen Caviar’s corporate ordering business, Caviar for Teams. Neither company disclosed financial terms of the deal, but the plan is for Caviar and Zesty to operate independently in the short term. “Restaurants turn to Caviar ... Read More »

Pinterest hires former Square and Google exec Francoise Brougher as its first COO

Pinterest today is adding another executive to its upper c-suite with the hire of Francoise Brougher, who was most recently business lead at Square and prior to that VP of SMB global sales and operations at Google, as its first chief operating officer. Both of those previous positions are probably going to be of particular interest to Pinterest, as someone ... Read More »

Square’s bets beyond a register brought in $253M last year as it posts a largely positive fourth quarter

Square posted a largely successful fourth quarter that showed continuing growth with its Cash App — with users spending around $90 million on its Cash card in December, putting it on a potentially $1 billion run rate. That would offer another significant avenue for Square to snap up additional customers as it looks to chip away at the alternatives available ... Read More »

Square’s Cash app now supports direct deposits for your paycheck

It seems like each new feature Square adds to its Cash app brings it one step closer to being a de-facto bank account for its users. Case in point, the app just rolled out support for ACH direct deposits, meaning users can now get their paycheck or other deposits put directly into their Cash app balance. Like other features in ... Read More »

Square has acquired a 32-year-old restaurant delivery company

Square has acquired Entrees On-Trays, a 32-year-old restaurant delivery platform. The plan is to expand the footprint of its on-demand food delivery service, Caviar, in the Dallas-Fort Worth, Texas area. There were a few factors Square took into consideration in its acquisition of Entrees On-Trays, Caviar product lead Gokul Rajaram told TechCrunch via email. For one, the acquisition is designed ... Read More »

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