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Square

Wednesday, 15 May 2013 | 8:25 AM ET
Disruptors Providing Next-Gen Financial Services
CircleUp, Kickstarter, Lending Club, Square, Wealthfront -- Companies recognized as CNBC Disruptors because of the way they are changing how we spend, fund, transfer money.

What
Mobile-payments technology provider reinventing the cash register, and transactions leader in the mobile-wallet war.

Disrupting
The way consumers buy, merging e-commerce with financial services infrastructure to disrupt the transaction revenue and retail market.

Source: Square

Headquarters: San Francisco
CEO: Jack Dorsey
Year Founded: 2009
Number of Employees: 500+
Funding: $341 million
Key Investors: Khosla Ventures, Sequoia Capital, VISA, Kleiner Perkins Caufield & Byers, Tiger Technology Global Management, Citi Ventures, Rizvi Traverse Management, Richard Branson, Starbucks and JPMorgan Chase

Vital Stats

  • Processing more than $12 billion in payments annually.
  • Millions of individuals and businesses are able to accept credit cards via Square.
  • Square card readers are available in more than 30,000 retail locations nationwide.
  • More than 300,00 merchants are in the Square directory.
  • Square is accepted in more than 7,000 store-owned Starbucks nationwide.

On Disruption

"Everyone has an idea. But it's really about executing the idea and attracting other people to help you work on the idea." -Jack Dorsey, CEO and Co-Founder

Featured

Contact CNBC Disruptors

  • Email: cnbcdisruptor@nbcuni.com

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