Square files for IPO after establishing itself as pioneer in mobile payments
by Associated Press in New York from on (#QGFH)
Tech startup founded by Twitter co-founder and CEO Jack Dorsey files for IPO valued at up to $275m
Financial-services startup Square plans to go public.
Founded in 2009 by Twitter co-founder and CEO Jack Dorsey, Square has been a pioneer in mobile payments. Its white cube square readers plug into the headphone jack of smartphones and tablet computers so the devices can become electronic sales terminals, allowing millions of merchants to accept credit cards.
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