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Square is a financial services platform by Block, Inc. for small and medium-sized businesses. [1] [2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$ 210 billion.
Block, Inc. (formerly Square, Inc.) is a U.S. listed company founded by Jack Dorsey and Jim McKelvey in 2009. It is a financial technology conglomerate. The company reportedly serves 56 million users and 4 million businesses, and processes payments worth US$ 228 billion annually as of 2023.
Square, the other main business unit at Block, is a financial services platform used by millions of merchants. Documents provided to prosecutors and reviewed by NBC News identify instances at ...
Prior to becoming a bank, the company was India's largest microfinance institution, Janalakshmi Financial Services, founded July 24, 2006. [5] [6] As a microfinance lender, the company survived large losses following the 2016 Indian banknote demonetisation , reporting total losses of ₹2,504 crore (US$338 million) at the time of its conversion ...
Pershing Square's investment ventures are featured in two financial documentaries. Betting on Zero features Bill Ackman's economic activism in the $1 billion shorting of Herbalife Nutrition by Pershing in a positive light, highlighting the costly lengths to which the fund went in trying to prove the allegation that the multi-level marketing ...
It has three authorities – the financial services regulator, the registration bureau and the ADGM courts. In January 2015, the Abu Dhabi Global Market announced that it had renamed the location it was based in, “Sowwah Square”, to "Abu Dhabi Global Market Square".