Square launches small business banking By Reuters – Investing.com

  • Date: 20-Jul-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Square launches small business banking By Reuters – Investing.com

By Anna Irrera

(Reuters) - Square Inc (NYSE:), the company led by Twitter Inc (NYSE:) CEO Jack Dorsey, is launching banking services for small businesses, as it continues to grow beyond payments processing.

Square Banking will offer small businesses savings and checking accounts, as well as its existing lending offering which has been renamed Square Loans, the San Francisco-based company said on Tuesday.