Featured
Square
Institutional-Grade Point-of-Sale Powering Real-Time Commerce Everywhere
Founded
2009
Users
4,000,000+ merchants
Total Funding
$716.75M
Employees
10,000-12,000
🏢 Company Overview
Headquarters
Oakland, California, USA
CEO
Jack Dorsey
Founder
Jack Dorsey, Jim McKelvey
Funding Stage
Public
Total Funding
$716.75M
Users
4,000,000+ merchants
Pricing
freemium
AML Compliant
GDPR
PCI DSS
Banking License
E-Money License
Payment License
FDIC Insured
Yes
ℹ️ About Square
Square, a Block Inc. ecosystem product founded in 2009 by Jack Dorsey and Jim McKelvey, serves over 4 million merchants across eight countries with unified commerce solutions.
The platform combines point-of-sale hardware, payment processing, inventory management, appointment scheduling, invoicing, and business banking into one integrated system.
Square processes over $240 billion in payments annually, supports same-day deposits, and offers Square Financial Services for small business lending through its FDIC-insured industrial loan company charter.
⚡ Key Features
Tap-to-pay NFC contactless payment acceptance
Real-time inventory sync across all channels
Automated appointment booking with SMS reminders
Instant fund transfers to linked accounts
Integrated payroll and team shift scheduling
Customizable digital invoicing with e-signatures
💪 Strengths & Weaknesses
4 Pros
3 Cons
💪
Strengths
What it does well
No monthly fees required
Flat transparent processing rates
Unified omnichannel commerce ecosystem
Instant deposit availability option
⚠️
Weaknesses
Areas to improve
Limited international market coverage
Higher fees for keyed transactions
Account stability concerns reported
💬 User Reviews
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⭐ External Ratings
🔗 External Resources
🌍 Available In
8 countries
United States
Canada
United Kingdom
Australia
Japan
France
Ireland
Spain
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