Square Raises $150M; Valued at $6BN

squareSquare, the San Francisco, CA-based mobile payment company, raised $150m in funding, the NYT reported (read here).

The round, which was led by new investor the Government of Singapore Investment Corporation, valued the company at $6 billion.

Founded in 2009 and led by Jack Dorsey, CEO, Square provides a complete register service with tools for every part of running a business, from accepting credit cards to sales, inventory tracking, and small business financing. It also offers Square Order, a platform to pre-order food and drinks for pickup and Cash to send and receive money.
Square is currently available in the United States, Canada, and Japan.



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