Close

square

PayPal to acquire Swift Financial to bolster small business lending

Global payments processing company PayPal announced this morning that it has agreed to acquire Swift Financial, which provides small business owners with working capital. Terms of the deal were not disclosed, but the acquisition will give PayPal better tools to expand its own Working Capital product. For PayPal, the acquisition […]

Read More

Yik Yak shuts down after Square paid $1 million for its engineers

Yik Yak co-founders Tyler Droll and Brooks Buffington published a SEC filing issued on April 16th, Square, has agreed to hireseveral of Yik Yaks employees and acquire a non-exclusive license to some of the companysintellectual property for$1 million. Thats a deeply disappointingresult for a startupthat garnered lots ofsupport from venture […]

Read More

Young women are getting a big portion of Square Capital’s small business loans

Young women are getting small business loans from Square.Image: square Square introduced Square Capital with the idea to help small business owners with more than just swiping credit cards. The loans, usually a few thousand dollars, help businesses that use Square stay afloat and stay ambitious. At the end of […]

Read More