http://gigaom.com/2011/01/10/square-adds-27-5-million-to-play-with-the-big-boys/ Wed, 19 Jun 2013 00:10:28 +0000 hourly 1 http://wordpress.com/ http://gigaom.com/2011/01/10/square-adds-27-5-million-to-play-with-the-big-boys/#comment-588209 Mon, 07 Feb 2011 23:00:58 +0000 http://gigaom.com/?p=285072#comment-588209 [...] be a disruptive start-up. Since then I have followed the company and its competitors closely. The company recently got a $27.5 million fresh capital infusion from Sequoia Capital and according to The Wall Street Journal, is valued at over $240 million. [...]

]]> http://gigaom.com/2011/01/10/square-adds-27-5-million-to-play-with-the-big-boys/#comment-572938 Mon, 10 Jan 2011 21:35:17 +0000 http://gigaom.com/?p=285072#comment-572938 Since the Nexus S has a NFC chip that is capable of being both a payment terminal and payment device, and it is expected that the next iPhone will have something similar, I think Square can stay ahead of the others by upgrading their payment app as soon as the various SDK bits are available. The real win for them can be with small businesses that have been previously burned by the big players, and who like the cool factor of being early adopters.

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