Fintech’s Success Reaching Minority Consumers Is Largely Unsung (Except by Rappers)
Payment applications like PayPal and Cash App have had remarkable success reaching minority communities who've historically been ignored by traditional banks.
Square
Founded in 2009 by Twitter’s Jack Dorsey and entrepreneur Jim McKelvey, Square started as a scrappy little device that let anyone with a smartphone swipe a credit card, giving the middle finger to the big banks and their clunky payment systems. Known for revolutionizing the way small businesses handle transactions, Square quickly became the darling of the digital payments world, with its sleek design and ease of use. The company has since expanded its empire to include everything from point-of-sale systems to business loans and even a cryptocurrency platform, Cash App, proving that it’s not just a one-trick pony. Square’s rise has been nothing short of meteoric, but let’s be honest—its success comes from making money look cool and easy, which in the world of finance, is no small feat.
News About Square
Jack Dorsey’s Square/Block Has Become Too Confusing of a Company for its Own Good
Square/Block now has so many moving parts that even professional stock analysts are a little lost.
Jack Dorsey’s Block Feels the Pain of Bitcoin’s Price Drop
Jack Dorsey is an evangelist for Bitcoin, but the cryptocurrency's price drop is slowing down Block.
