• Jack Dorsey's Square kickstarts in-house banking services nearly a year after receiving conditional approval

    1 month ago - By Business Insider

    Summary List Placement
    Jack Dorsey's Square has launched a banking arm to "operate more nimbly."
    Utah-based Square Financial Services aims to offer business loans and deposit products.
    The bank will first underwrite and originate loans taken out by Square's existing sellers.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Digital payments processor Square said on Monday it has launched in-house banking operations after completing the approval process with a US insurance agency and Utah's financial regulator.
    Square Financial Services, the industrial bank based in...
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  • Jack Dorsey's Square kickstarts in-house banking services nearly a year after receiving conditional approval

    Jack Dorsey's Square kickstarts in-house banking services nearly a year after receiving conditional approval

    1 month ago - By Business Insider

    Square
    Jack Dorsey's Square has launched a banking arm to "operate more nimbly." Utah-based Square Financial Services aims to offer business loans and deposit products. The bank will first underwrite and originate loans taken out by Square's existing sellers. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Digital payments processor Square said on Monday it has launched in-house banking operations after completing the approval process with a US insurance agency and Utah's financial regulator. Square Financial Services, the industrial bank based in Utah's Salt Lake...
    Read more ...