Difference between revisions of "Timeline of Square"
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{{Attribute English Wikipedia|original-exists=yes}} | {{Attribute English Wikipedia|original-exists=yes}} | ||
− | This is a timeline of [[Square, Inc.]], a payments company that was founded in February 2009 and became publicly traded in November 2015. | + | This is a timeline of [[wikipedia:Square, Inc.|Square, Inc.]], a payments company that was founded in February 2009 and became publicly traded in November 2015. |
==Big Picture== | ==Big Picture== | ||
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! Time period !! class="unsortable" | Key developments at Tesla | ! Time period !! class="unsortable" | Key developments at Tesla | ||
|- | |- | ||
− | | 2009–2012|| Square raises over $300 million of cash through rounds ranging from [[Series A]] through [[Series D]]. It unveils Square Reader, Square Wallet, and Square Register. 2012, Square has over 400 employees and is processing over $8 billion in payments. | + | | 2009–2012|| Square raises over $300 million of cash through rounds ranging from [[wikipedia:Series A|Series A]] through [[wikipedia:Series D|Series D]]. It unveils Square Reader, Square Wallet, and Square Register. 2012, Square has over 400 employees and is processing over $8 billion in payments. |
|- | |- | ||
| 2012–2014 || Square increases its number of employees from 300 to 600, and moves to a larger HQ. It expands beyond its original smartphone readers and payments software into other areas of commerce, like Square Stand and Square Market. | | 2012–2014 || Square increases its number of employees from 300 to 600, and moves to a larger HQ. It expands beyond its original smartphone readers and payments software into other areas of commerce, like Square Stand and Square Market. | ||
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| 2015|| Square IPOs, but its valuation is now down from $6 billion (in October 2014) to $2.9 billion. It still has yet to make a profit and has lost $420 million since 2012, but has decreased its losses in the 6 months leading up to its IPO. | | 2015|| Square IPOs, but its valuation is now down from $6 billion (in October 2014) to $2.9 billion. It still has yet to make a profit and has lost $420 million since 2012, but has decreased its losses in the 6 months leading up to its IPO. | ||
|} | |} | ||
+ | |||
==Full timeline== | ==Full timeline== | ||
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! Year !! Month and date !! Event type !! Details | ! Year !! Month and date !! Event type !! Details | ||
|- | |- | ||
− | |2009||February||Company||Square is founded by [[Jack Dorsey]] on February 1, 2009. <ref name="crunchbase1">{{cite web |url=https://www.crunchbase.com/person/jack-dorsey#/entity |title=Jack Dorsey - Co-Founder & CEO @ Square |newspaper= |date= |author= |accessdate= November 21, 2015}}</ref> | + | |2009||February||Company||Square is founded by [[wikipedia:Jack Dorsey|Jack Dorsey]] on February 1, 2009. <ref name="crunchbase1">{{cite web |url=https://www.crunchbase.com/person/jack-dorsey#/entity |title=Jack Dorsey - Co-Founder & CEO @ Square |newspaper= |date= |author= |accessdate= November 21, 2015}}</ref> |
|- | |- | ||
− | |2009||November||Funding||Square raises $10 million in a [[Series A]] round. <ref name="crunchbase2">{{cite web |url=https://www.crunchbase.com/organization/square#/entity |title=Square |newspaper= |date= |author= |accessdate= November 21, 2015}}</ref> | + | |2009||November||Funding||Square raises $10 million in a [[wikipedia:Series A|Series A]] round. <ref name="crunchbase2">{{cite web |url=https://www.crunchbase.com/organization/square#/entity |title=Square |newspaper= |date= |author= |accessdate= November 21, 2015}}</ref> |
|- | |- | ||
|2009||December||Product||On December 1, Square unveils its website (squareup.com) for the first time. <ref name="TC1">{{cite web |url=http://techcrunch.com/2009/12/01/square-jack-dorsey-launches-paypa/ |title=Jack Dorsey's Square Is (Almost) Open For Business |newspaper=Techcrunch.com |date= |author= |accessdate= November 28, 2015}}</ref> The first device that Square launches, the Square Reader, allows people to easily accept physical credit card payments from their mobile phone, but without contracts or monthly fees. It is compatible with both iPhone and Android devices. | |2009||December||Product||On December 1, Square unveils its website (squareup.com) for the first time. <ref name="TC1">{{cite web |url=http://techcrunch.com/2009/12/01/square-jack-dorsey-launches-paypa/ |title=Jack Dorsey's Square Is (Almost) Open For Business |newspaper=Techcrunch.com |date= |author= |accessdate= November 28, 2015}}</ref> The first device that Square launches, the Square Reader, allows people to easily accept physical credit card payments from their mobile phone, but without contracts or monthly fees. It is compatible with both iPhone and Android devices. | ||
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|2010||November||Product||After ten months of a private pilot limited to just 50,000 users, Square opens its doors to the public. <ref name="TC2">{{cite web |url=http://techcrunch.com/2010/11/09/square-now-processing-millions-of-dollars-in-mobile-transactions-every-week/ |title=Square Now Processing Millions Of Dollars In Mobile Transactions Every Week |newspaper=Techcrunch.com |date=November 9, 2010 |author= |accessdate= November 28, 2015}}</ref> | |2010||November||Product||After ten months of a private pilot limited to just 50,000 users, Square opens its doors to the public. <ref name="TC2">{{cite web |url=http://techcrunch.com/2010/11/09/square-now-processing-millions-of-dollars-in-mobile-transactions-every-week/ |title=Square Now Processing Millions Of Dollars In Mobile Transactions Every Week |newspaper=Techcrunch.com |date=November 9, 2010 |author= |accessdate= November 28, 2015}}</ref> | ||
|- | |- | ||
− | |2011||March||Product||[[VeriFone]] claims that Square is insecure and a "reasonably-skilled" programmer could use Square to skim a credit card and return its details. <ref name="MyUser_Geek.com_November_28_2015c">{{cite web |url=http://www.geek.com/news/verifone-accuses-square-of-offering-an-insecure-card-skimming-device-1325455/ |title=VeriFone accuses Square of offering an insecure card skimming device |newspaper=Geek.com |date= |author= |accessdate= November 28, 2015}}</ref> | + | |2011||March||Product||[[wikipedia:VeriFone|VeriFone]] claims that Square is insecure and a "reasonably-skilled" programmer could use Square to skim a credit card and return its details. <ref name="MyUser_Geek.com_November_28_2015c">{{cite web |url=http://www.geek.com/news/verifone-accuses-square-of-offering-an-insecure-card-skimming-device-1325455/ |title=VeriFone accuses Square of offering an insecure card skimming device |newspaper=Geek.com |date= |author= |accessdate= November 28, 2015}}</ref> |
|- | |- | ||
|2011||May||Product||On May 23, Square announces the release of two new apps, Square Card Case (later rebranded as Square Wallet<ref>{{cite news|url=http://thenextweb.com/apps/2013/06/13/square-wallet-for-iphone-gets-redesigned-with-a-visually-driven-ui-and-streamlined-payments/|title=Square Wallet for iPhone gets redesigned with a visually-driven UI and streamlined payments|author=Harrison Weber|date=June 13, 2013|publisher=The Next Web|accessdate=March 11, 2014}}</ref>) and Square Register. <ref name="asdafa">{{cite web |url=https://www.wired.com/2011/05/square-register/ |title=Square 'Register' Aims to Squeeze Out the Cash Register |newspaper=Wired.com |date=May 23, 2011 |author= |accessdate= November 28, 2015}}</ref> | |2011||May||Product||On May 23, Square announces the release of two new apps, Square Card Case (later rebranded as Square Wallet<ref>{{cite news|url=http://thenextweb.com/apps/2013/06/13/square-wallet-for-iphone-gets-redesigned-with-a-visually-driven-ui-and-streamlined-payments/|title=Square Wallet for iPhone gets redesigned with a visually-driven UI and streamlined payments|author=Harrison Weber|date=June 13, 2013|publisher=The Next Web|accessdate=March 11, 2014}}</ref>) and Square Register. <ref name="asdafa">{{cite web |url=https://www.wired.com/2011/05/square-register/ |title=Square 'Register' Aims to Squeeze Out the Cash Register |newspaper=Wired.com |date=May 23, 2011 |author= |accessdate= November 28, 2015}}</ref> | ||
|- | |- | ||
− | |2012||March||Competition||[[PayPal]] launches PayPal Here on March 15, a competitor for mobile payment. It has a small dongle that can be used to accept credit card payments. <ref name="VergePayPal">{{cite web |url=http://www.theverge.com/2012/3/15/2874407/paypal-unveils-paypal-here-square-competitor-for-mobile-payment |title=PayPal unveils 'PayPal Here' Square competitor for mobile payment |newspaper=Theverge.com |date= |author= |accessdate= November 29, 2015}}</ref> | + | |2012||March||Competition||[[wikipedia:PayPal|PayPal]] launches PayPal Here on March 15, a competitor for mobile payment. It has a small dongle that can be used to accept credit card payments. <ref name="VergePayPal">{{cite web |url=http://www.theverge.com/2012/3/15/2874407/paypal-unveils-paypal-here-square-competitor-for-mobile-payment |title=PayPal unveils 'PayPal Here' Square competitor for mobile payment |newspaper=Theverge.com |date= |author= |accessdate= November 29, 2015}}</ref> |
|- | |- | ||
− | |2012||August||Product||[[Starbucks]] invests $25 million in Square and makes Square its exclusive processor of debit and credit card payments. <ref name="MyUser_CNN_November_28_2015c">{{cite web |url=http://money.cnn.com/2015/10/15/technology/square-starbucks/ |title=Starbucks' deal with Square is a giant money loser - Oct. 15, 2015 |newspaper=CNN |date= |author= |accessdate= November 28, 2015}}</ref> | + | |2012||August||Product||[[wikipedia:Starbucks|Starbucks]] invests $25 million in Square and makes Square its exclusive processor of debit and credit card payments. <ref name="MyUser_CNN_November_28_2015c">{{cite web |url=http://money.cnn.com/2015/10/15/technology/square-starbucks/ |title=Starbucks' deal with Square is a giant money loser - Oct. 15, 2015 |newspaper=CNN |date= |author= |accessdate= November 28, 2015}}</ref> |
|- | |- | ||
− | |2012||September||Funding||Square closes $200 million in [[Series D]] financing. <ref name="aasgdfasd">{{cite web |url=https://squareup.com/news/square-closes-series-d-financing |title=News and Press Releases |newspaper= |date= |author= |accessdate= November 28, 2015}}</ref> | + | |2012||September||Funding||Square closes $200 million in [[wikipedia:Series D|Series D]] financing. <ref name="aasgdfasd">{{cite web |url=https://squareup.com/news/square-closes-series-d-financing |title=News and Press Releases |newspaper= |date= |author= |accessdate= November 28, 2015}}</ref> |
|- | |- | ||
− | |2013||May||Product||On May 13, Square unveils Square Stand - which turns an [[Apple iPad]] into a more complete [[point of sale]] system. <ref name="MyUser_Https:_November_28_2015c">{{cite web |url=https://www.facebook.com/appleiphonehc/videos/462691223811163/ |title=Apple iPhone - Square Unveils 'Square Stand' for iPad With... |newspaper=Https: |date= |author= |accessdate= November 28, 2015}}</ref> <ref name="MyUser_Cnet.com_November_28_2015c">{{cite web |url=http://www.cnet.com/news/square-unveils-stand-for-register-merchants/ |title=Square unveils Stand for Register merchants - CNET |newspaper=Cnet.com |date= May 13, 2013 |author= |accessdate= November 28, 2015}}</ref> | + | |2013||May||Product||On May 13, Square unveils Square Stand - which turns an [[wikipedia:Apple iPad|Apple iPad]] into a more complete [[wikipedia:point of sale|point of sale]] system. <ref name="MyUser_Https:_November_28_2015c">{{cite web |url=https://www.facebook.com/appleiphonehc/videos/462691223811163/ |title=Apple iPhone - Square Unveils 'Square Stand' for iPad With... |newspaper=Https: |date= |author= |accessdate= November 28, 2015}}</ref> <ref name="MyUser_Cnet.com_November_28_2015c">{{cite web |url=http://www.cnet.com/news/square-unveils-stand-for-register-merchants/ |title=Square unveils Stand for Register merchants - CNET |newspaper=Cnet.com |date= May 13, 2013 |author= |accessdate= November 28, 2015}}</ref> |
|- | |- | ||
|2013||May||Product||On May 20, Square announces Square Cash, which allows people to send money to their friends via email. <ref name="TC4">{{cite web |url=http://techcrunch.com/2013/05/20/square-cash-will-let-you-send-money-to-your-friends-by-email/ |title=Square Cash Will Let You Send Money To Your Friends By Email |newspaper=Techcrunch.com |date=May 20, 2013 |author= |accessdate= November 28, 2015}}</ref> | |2013||May||Product||On May 20, Square announces Square Cash, which allows people to send money to their friends via email. <ref name="TC4">{{cite web |url=http://techcrunch.com/2013/05/20/square-cash-will-let-you-send-money-to-your-friends-by-email/ |title=Square Cash Will Let You Send Money To Your Friends By Email |newspaper=Techcrunch.com |date=May 20, 2013 |author= |accessdate= November 28, 2015}}</ref> | ||
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|2013||June||Product||On June 26, Square launches Square Market, which allows sellers to create a free online storefront with online payment processing functionality.<ref name="squaremarket">{{cite web|url=https://squareup.com/market |title=Square Market }}</ref> <ref name="EngadgetMarket">{{cite web |url=http://www.engadget.com/2013/06/26/square-market-launches/ |title=Square Market launches, provides easy online storefronts for small businesses |newspaper=Engadget.com |date= |author= |accessdate= November 28, 2015}}</ref> | |2013||June||Product||On June 26, Square launches Square Market, which allows sellers to create a free online storefront with online payment processing functionality.<ref name="squaremarket">{{cite web|url=https://squareup.com/market |title=Square Market }}</ref> <ref name="EngadgetMarket">{{cite web |url=http://www.engadget.com/2013/06/26/square-market-launches/ |title=Square Market launches, provides easy online storefronts for small businesses |newspaper=Engadget.com |date= |author= |accessdate= November 28, 2015}}</ref> | ||
|- | |- | ||
− | |2013||October||Company||Square moves out from its cramped office in the [[San Francisco Chronicle]] building and into new 150,000-square-foot digs in the SF [[Central Market (San Francisco)|Central Market]] district. <ref name="MyUser_Gigaom.com_November_28_2015c">{{cite web |url=http://gigaom.com/2013/10/07/square-doubles-in-size-in-a-year-now-boasting-600-employees/ |title=Square doubles in size in a year; now boasts 600 employees |newspaper=Gigaom.com |date=October 7, 2013 |author= |accessdate= November 28, 2015}}</ref> By now, it has 600 employees. | + | |2013||October||Company||Square moves out from its cramped office in the [[wikipedia:San Francisco Chronicle|San Francisco Chronicle]] building and into new 150,000-square-foot digs in the SF [[wikipedia:Central Market (San Francisco)|Central Market]] district. <ref name="MyUser_Gigaom.com_November_28_2015c">{{cite web |url=http://gigaom.com/2013/10/07/square-doubles-in-size-in-a-year-now-boasting-600-employees/ |title=Square doubles in size in a year; now boasts 600 employees |newspaper=Gigaom.com |date=October 7, 2013 |author= |accessdate= November 28, 2015}}</ref> By now, it has 600 employees. |
|- | |- | ||
− | |2014||March||Product||Square announces it will start allowing sellers to accept [[bitcoin]] on their own storefronts through Square Market. The seller will take no risk on bitcoin value fluctuations.<ref>Protalinksi, Emil March 31, 2014. TheNextWeb "[http://thenextweb.com/insider/2014/03/31/square-now-lets-sellers-accept-bitcoin-storefronts/?fromcat=all Square now lets sellers accept Bitcoin on their own storefronts]"</ref> | + | |2014||March||Product||Square announces it will start allowing sellers to accept [[wikipedia:bitcoin|bitcoin]] on their own storefronts through Square Market. The seller will take no risk on bitcoin value fluctuations.<ref>Protalinksi, Emil March 31, 2014. TheNextWeb "[http://thenextweb.com/insider/2014/03/31/square-now-lets-sellers-accept-bitcoin-storefronts/?fromcat=all Square now lets sellers accept Bitcoin on their own storefronts]"</ref> |
|- | |- | ||
|2014||May||Product||On May 12th, Square launches Square Order, which lets people order from nearby eateries, pay for it, and then get a ping when it is ready for collection. <ref name="asfasfadsa2015c">{{cite web |url=http://techcrunch.com/2014/05/12/with-new-food-app-square-order-square-wants-a-bigger-bite-of-the-restaurant-industry/ |title=With New Food App Square Order, Square Wants A Bigger Bite Of The Restaurant Industry |newspaper=Techcrunch.com |date=May 12, 2014 |author= |accessdate= November 28, 2015}}</ref> | |2014||May||Product||On May 12th, Square launches Square Order, which lets people order from nearby eateries, pay for it, and then get a ping when it is ready for collection. <ref name="asfasfadsa2015c">{{cite web |url=http://techcrunch.com/2014/05/12/with-new-food-app-square-order-square-wants-a-bigger-bite-of-the-restaurant-industry/ |title=With New Food App Square Order, Square Wants A Bigger Bite Of The Restaurant Industry |newspaper=Techcrunch.com |date=May 12, 2014 |author= |accessdate= November 28, 2015}}</ref> | ||
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|2015||June||Product||Square launches Square Payroll in California, a tool for small business owners to process payroll for their employees. <ref name="MyUser_Bizjournals.com_November_28_2015c">{{cite web |url=http://www.bizjournals.com/sanfrancisco/morning_call/2015/06/square-payroll-processing-service-small-business.html |title=Square debuts payroll service - San Francisco Business Times |newspaper=Bizjournals.com |date= |author= |accessdate= November 28, 2015}}</ref> | |2015||June||Product||Square launches Square Payroll in California, a tool for small business owners to process payroll for their employees. <ref name="MyUser_Bizjournals.com_November_28_2015c">{{cite web |url=http://www.bizjournals.com/sanfrancisco/morning_call/2015/06/square-payroll-processing-service-small-business.html |title=Square debuts payroll service - San Francisco Business Times |newspaper=Bizjournals.com |date= |author= |accessdate= November 28, 2015}}</ref> | ||
|- | |- | ||
− | |2015||June||Product||Apple announces that Square will release a new Square Reader that can accept [[Apple Pay]] and other contactless payments. <ref name="MyUser_Thenextweb.com_November_28_2015c">{{cite web |url=http://thenextweb.com/gadgets/2015/06/08/square-will-launch-its-apple-pay-compatible-wireless-reader-this-fall/ |title=Square Will Launch Its Apple Pay-Compatible Reader This Fall |newspaper=Thenextweb.com |date= |author= |accessdate= November 28, 2015}}</ref> | + | |2015||June||Product||Apple announces that Square will release a new Square Reader that can accept [[wikipedia:Apple Pay|Apple Pay]] and other contactless payments. <ref name="MyUser_Thenextweb.com_November_28_2015c">{{cite web |url=http://thenextweb.com/gadgets/2015/06/08/square-will-launch-its-apple-pay-compatible-wireless-reader-this-fall/ |title=Square Will Launch Its Apple Pay-Compatible Reader This Fall |newspaper=Thenextweb.com |date= |author= |accessdate= November 28, 2015}}</ref> |
|- | |- | ||
|2015||September||Competition||on September 1, PayPal launches PayPal.me to compete with Square’s Cashtags. <ref name="MyUser_Venturebeat.com_November_29_2015c">{{cite web |url=http://venturebeat.com/2015/09/01/paypal-launches-instant-payment-service-pay-me-its-cashtags-competitor/ |title=PayPal launches PayPal.me to compete with Square's Cashtags |newspaper=Venturebeat.com |date= |author= |accessdate= November 29, 2015}}</ref> | |2015||September||Competition||on September 1, PayPal launches PayPal.me to compete with Square’s Cashtags. <ref name="MyUser_Venturebeat.com_November_29_2015c">{{cite web |url=http://venturebeat.com/2015/09/01/paypal-launches-instant-payment-service-pay-me-its-cashtags-competitor/ |title=PayPal launches PayPal.me to compete with Square's Cashtags |newspaper=Venturebeat.com |date= |author= |accessdate= November 29, 2015}}</ref> | ||
|- | |- | ||
− | |2015||October||Funding||Square Inc. files an IPO to be listed on the [[New York Stock Exchange]].<ref>{{Cite web|title = Square Files for IPO as CEO Dorsey Juggles Twitter Revamp|url = https://www.bloomberg.com/news/articles/2015-10-14/square-files-for-ipo-as-ceo-dorsey-juggles-twitter-revamp|website = Bloomberg.com|accessdate = 2015-10-16|first = Alex Barinka alexbarinka Spencer|last = Soper}}</ref> Shares were priced at $9 on November 18, 2015, and on November 19, 2015 Square officially began trading. <ref name="nypost">{{cite web|title=Square shakes off weak IPO with first-day trading pop|url=http://nypost.com/2015/11/19/square-shakes-off-weak-ipo-with-first-day-trading-pop/|website=New York Post|accessdate=19 November 2015}}</ref> | + | |2015||October||Funding||Square Inc. files an IPO to be listed on the [[wikipedia:New York Stock Exchange|New York Stock Exchange]].<ref>{{Cite web|title = Square Files for IPO as CEO Dorsey Juggles Twitter Revamp|url = https://www.bloomberg.com/news/articles/2015-10-14/square-files-for-ipo-as-ceo-dorsey-juggles-twitter-revamp|website = Bloomberg.com|accessdate = 2015-10-16|first = Alex Barinka alexbarinka Spencer|last = Soper}}</ref> Shares were priced at $9 on November 18, 2015, and on November 19, 2015 Square officially began trading. <ref name="nypost">{{cite web|title=Square shakes off weak IPO with first-day trading pop|url=http://nypost.com/2015/11/19/square-shakes-off-weak-ipo-with-first-day-trading-pop/|website=New York Post|accessdate=19 November 2015}}</ref> |
|} | |} | ||
+ | |||
+ | == Numerical and visual data == | ||
+ | |||
+ | === Google Scholar === | ||
+ | |||
+ | The following table summarizes per-year mentions on Google Scholar as of October 28, 2021. | ||
+ | |||
+ | {| class="sortable wikitable" | ||
+ | ! Year | ||
+ | ! "Square, Inc" | ||
+ | |- | ||
+ | | 2009 || 40 | ||
+ | |- | ||
+ | | 2010 || 27 | ||
+ | |- | ||
+ | | 2011 || 33 | ||
+ | |- | ||
+ | | 2012 || 35 | ||
+ | |- | ||
+ | | 2013 || 64 | ||
+ | |- | ||
+ | | 2014 || 93 | ||
+ | |- | ||
+ | | 2015 || 89 | ||
+ | |- | ||
+ | | 2016 || 105 | ||
+ | |- | ||
+ | | 2017 || 126 | ||
+ | |- | ||
+ | | 2018 || 148 | ||
+ | |- | ||
+ | | 2019 || 132 | ||
+ | |- | ||
+ | | 2020 || 116 | ||
+ | |- | ||
+ | |} | ||
+ | |||
+ | [[File:Square inc gscho.png|thumb|center|700px]] | ||
+ | |||
+ | === Google Trends === | ||
+ | |||
+ | The chart below shows {{w|Google Trends}} data for Square (Company), from January 2004 to April 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.<ref>{{cite web |title=Square |url=https://trends.google.com/trends/explore?date=all&q=%2Fm%2F0by16yq |website=Google Trends |access-date=17 April 2021}}</ref> | ||
+ | |||
+ | [[File:Square gt.png|thumb|center|600px]] | ||
+ | |||
+ | The comparative chart below shows {{w|Google Trends}} data for PayPal (Company), Square (Company), Venmo (Company) and Google Pay (Topic), from January 2004 to April 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.<ref>{{cite web |title=PayPal, Square, Venmo and Google Pay |url=https://trends.google.com/trends/explore?date=all&q=%2Fg%2F122s91_5,%2Fm%2F0by16yq,%2Fm%2F0134hvqw,%2Fg%2F11b7dtvvwt |website=Google Trends |access-date=12 April 2021}}</ref> | ||
+ | |||
+ | [[File:PayPal, Square, Venmo and Google Pay gt.png|thumb|center|600px]] | ||
+ | |||
+ | === Wikipedia Views === | ||
+ | |||
+ | The chart below shows pageviews of the English Wikipedia article {{w|Square, Inc.}}, from July 2015 to April 2021.<ref>{{cite web |title=Square, Inc. |url=https://wikipediaviews.org/displayviewsformultiplemonths.php?page=Square%2C+Inc.&allmonths=allmonths-api&language=en&drilldown=all |website=wikipediaviews.org |access-date=17 April 2021}}</ref> | ||
+ | |||
+ | [[File:Square Inc. wv.png|thumb|center|450px]] | ||
+ | |||
+ | The comparative chart below shows pageviews on desktop of the English Wikipedia articles {{w|PayPal}}, {{w|Square}}, {{w|Venmo}} and {{w|Google Pay}} from July 2015 to March 2021.<ref>{{cite web |title=PayPal, Square, Venmo and Google Pay |url=https://wikipediaviews.org/displayviewsformultiplemonths.php?pages[0]=Square%2C+Inc.&pages[1]=Paypal&pages[2]=Venmo&pages[3]=Google+Pay&allmonths=allmonths-api&language=en&drilldown=desktop |website=wikipediaviews.org |access-date=17 April 2021}}</ref> | ||
+ | |||
+ | [[File:PayPal, Square, Venmo and Google Pay wv.png|thumb|center|450px]] | ||
+ | |||
==References== | ==References== | ||
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{{Technology company timelines}} | {{Technology company timelines}} | ||
− | [[Category:Payment company timelines|Square]] | + | [[wikipedia:Category:Payment company timelines|Square]] |
− | [[Category:Technology company timelines|Square]] | + | [[wikipedia:Category:Technology company timelines|Square]] |
Latest revision as of 20:24, 10 April 2024
This is a timeline of Square, Inc., a payments company that was founded in February 2009 and became publicly traded in November 2015.
Contents
Big Picture
Time period | Key developments at Tesla |
---|---|
2009–2012 | Square raises over $300 million of cash through rounds ranging from Series A through Series D. It unveils Square Reader, Square Wallet, and Square Register. 2012, Square has over 400 employees and is processing over $8 billion in payments. |
2012–2014 | Square increases its number of employees from 300 to 600, and moves to a larger HQ. It expands beyond its original smartphone readers and payments software into other areas of commerce, like Square Stand and Square Market. |
2015 | Square IPOs, but its valuation is now down from $6 billion (in October 2014) to $2.9 billion. It still has yet to make a profit and has lost $420 million since 2012, but has decreased its losses in the 6 months leading up to its IPO. |
Full timeline
Year | Month and date | Event type | Details |
---|---|---|---|
2009 | February | Company | Square is founded by Jack Dorsey on February 1, 2009. [1] |
2009 | November | Funding | Square raises $10 million in a Series A round. [2] |
2009 | December | Product | On December 1, Square unveils its website (squareup.com) for the first time. [3] The first device that Square launches, the Square Reader, allows people to easily accept physical credit card payments from their mobile phone, but without contracts or monthly fees. It is compatible with both iPhone and Android devices. |
2010 | November | Product | After ten months of a private pilot limited to just 50,000 users, Square opens its doors to the public. [4] |
2011 | March | Product | VeriFone claims that Square is insecure and a "reasonably-skilled" programmer could use Square to skim a credit card and return its details. [5] |
2011 | May | Product | On May 23, Square announces the release of two new apps, Square Card Case (later rebranded as Square Wallet[6]) and Square Register. [7] |
2012 | March | Competition | PayPal launches PayPal Here on March 15, a competitor for mobile payment. It has a small dongle that can be used to accept credit card payments. [8] |
2012 | August | Product | Starbucks invests $25 million in Square and makes Square its exclusive processor of debit and credit card payments. [9] |
2012 | September | Funding | Square closes $200 million in Series D financing. [10] |
2013 | May | Product | On May 13, Square unveils Square Stand - which turns an Apple iPad into a more complete point of sale system. [11] [12] |
2013 | May | Product | On May 20, Square announces Square Cash, which allows people to send money to their friends via email. [13] |
2013 | June | Product | On June 26, Square launches Square Market, which allows sellers to create a free online storefront with online payment processing functionality.[14] [15] |
2013 | October | Company | Square moves out from its cramped office in the San Francisco Chronicle building and into new 150,000-square-foot digs in the SF Central Market district. [16] By now, it has 600 employees. |
2014 | March | Product | Square announces it will start allowing sellers to accept bitcoin on their own storefronts through Square Market. The seller will take no risk on bitcoin value fluctuations.[17] |
2014 | May | Product | On May 12th, Square launches Square Order, which lets people order from nearby eateries, pay for it, and then get a ping when it is ready for collection. [18] |
2014 | May | Product | Square launches Square Capital on May 28, which offers business financing to merchants using Square.[19] [20] |
2014 | July | Product | Square announces a card reader that accepts chip cards. It supports both traditional magnetic stripe card transactions as well as chip-and-signature transactions. [21] |
2014 | August | Product | On August 4, Square acquires Caviar, a startup that delivers meals from high-end restaurants. [22] |
2014 | August | Company | Square secures an investment from Victory Park Capital, an asset management firm, to extend "hundreds of millions of dollars" to small businesses via Square Capital.[23] |
2014 | August | Competition | Amazon launches Local Register on August 13th, a competitor to Square with lower transaction rates. [24] Amazon later shuts down Local Register on October 30, 2015. [25] |
2015 | March | Product | In March 2015, Square introduces Square Cash for businesses, which allows individuals to use a username to send/receive money. [26] |
2015 | March | Product | Square shuts down Square Order.[27] |
2015 | April | Product | Square launches Customer Engagement, a set of CRM tools that allows email marketing services. [28] |
2015 | May | Funding | Square secures additional outside investments for Square Capital, with Victory Park Capital tripling its initial investment.[29] |
2015 | June | Product | Square launches Square Payroll in California, a tool for small business owners to process payroll for their employees. [30] |
2015 | June | Product | Apple announces that Square will release a new Square Reader that can accept Apple Pay and other contactless payments. [31] |
2015 | September | Competition | on September 1, PayPal launches PayPal.me to compete with Square’s Cashtags. [32] |
2015 | October | Funding | Square Inc. files an IPO to be listed on the New York Stock Exchange.[33] Shares were priced at $9 on November 18, 2015, and on November 19, 2015 Square officially began trading. [34] |
Numerical and visual data
Google Scholar
The following table summarizes per-year mentions on Google Scholar as of October 28, 2021.
Year | "Square, Inc" |
---|---|
2009 | 40 |
2010 | 27 |
2011 | 33 |
2012 | 35 |
2013 | 64 |
2014 | 93 |
2015 | 89 |
2016 | 105 |
2017 | 126 |
2018 | 148 |
2019 | 132 |
2020 | 116 |
Google Trends
The chart below shows Google Trends data for Square (Company), from January 2004 to April 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.[35]
The comparative chart below shows Google Trends data for PayPal (Company), Square (Company), Venmo (Company) and Google Pay (Topic), from January 2004 to April 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.[36]
Wikipedia Views
The chart below shows pageviews of the English Wikipedia article Square, Inc., from July 2015 to April 2021.[37]
The comparative chart below shows pageviews on desktop of the English Wikipedia articles PayPal, Square, Venmo and Google Pay from July 2015 to March 2021.[38]
References
- ↑ "Jack Dorsey - Co-Founder & CEO @ Square". Retrieved November 21, 2015.
- ↑ "Square". Retrieved November 21, 2015.
- ↑ "Jack Dorsey's Square Is (Almost) Open For Business". Techcrunch.com. Retrieved November 28, 2015.
- ↑ "Square Now Processing Millions Of Dollars In Mobile Transactions Every Week". Techcrunch.com. November 9, 2010. Retrieved November 28, 2015.
- ↑ "VeriFone accuses Square of offering an insecure card skimming device". Geek.com. Retrieved November 28, 2015.
- ↑ Harrison Weber (June 13, 2013). "Square Wallet for iPhone gets redesigned with a visually-driven UI and streamlined payments". The Next Web. Retrieved March 11, 2014.
- ↑ "Square 'Register' Aims to Squeeze Out the Cash Register". Wired.com. May 23, 2011. Retrieved November 28, 2015.
- ↑ "PayPal unveils 'PayPal Here' Square competitor for mobile payment". Theverge.com. Retrieved November 29, 2015.
- ↑ "Starbucks' deal with Square is a giant money loser - Oct. 15, 2015". CNN. Retrieved November 28, 2015.
- ↑ "News and Press Releases". Retrieved November 28, 2015.
- ↑ "Apple iPhone - Square Unveils 'Square Stand' for iPad With...". Https:. Retrieved November 28, 2015.
- ↑ "Square unveils Stand for Register merchants - CNET". Cnet.com. May 13, 2013. Retrieved November 28, 2015.
- ↑ "Square Cash Will Let You Send Money To Your Friends By Email". Techcrunch.com. May 20, 2013. Retrieved November 28, 2015.
- ↑ "Square Market".
- ↑ "Square Market launches, provides easy online storefronts for small businesses". Engadget.com. Retrieved November 28, 2015.
- ↑ "Square doubles in size in a year; now boasts 600 employees". Gigaom.com. October 7, 2013. Retrieved November 28, 2015.
- ↑ Protalinksi, Emil March 31, 2014. TheNextWeb "Square now lets sellers accept Bitcoin on their own storefronts"
- ↑ "With New Food App Square Order, Square Wants A Bigger Bite Of The Restaurant Industry". Techcrunch.com. May 12, 2014. Retrieved November 28, 2015.
- ↑ "Square's cash advance: Don't call it a loan". CNN. May 28, 2014. Retrieved May 28, 2014.
- ↑ "News and Press Releases". Retrieved November 28, 2015.
- ↑ "Square Bets Big on Next-Gen Credit Card Tech". Wired.com. Retrieved November 28, 2015.
- ↑ "Square Acquires Food Delivery Service Caviar". Techcrunch.com. Retrieved November 28, 2015.
- ↑ "Square works with Victory Park Capital to extend hundreds of millions of dollars to independent businesses". victoryparkcapital.com. August 19, 2014. Retrieved July 13, 2015.
- ↑ "Amazon Launches Local Register, A Square Competitor With Lower Transaction Rates". Techcrunch.com. Retrieved November 29, 2015.
- ↑ "Amazon Shutting Down Its 'Register' Credit Card Processor". The New York Times. August 13, 2014. Retrieved November 29, 2015.
- ↑ "Square Introduces Square Cash for Businesses, With a Low 1.5 Percent Processing Fee". Re/code. March 23, 2015.
- ↑ "Square Order on mobile is also getting the axe - SlashGear". Slashgear.com. March 16, 2015. Retrieved November 28, 2015.
- ↑ "Expanding Its Services, Square Launches Email Marketing With A Twist". Marketingland.com. Retrieved November 28, 2015.
- ↑ "Square secures funding from new and existing investors to expand its popular small business financing program". squareup.com. May 12, 2015. Retrieved July 13, 2015.
- ↑ "Square debuts payroll service - San Francisco Business Times". Bizjournals.com. Retrieved November 28, 2015.
- ↑ "Square Will Launch Its Apple Pay-Compatible Reader This Fall". Thenextweb.com. Retrieved November 28, 2015.
- ↑ "PayPal launches PayPal.me to compete with Square's Cashtags". Venturebeat.com. Retrieved November 29, 2015.
- ↑ Soper, Alex Barinka alexbarinka Spencer. "Square Files for IPO as CEO Dorsey Juggles Twitter Revamp". Bloomberg.com. Retrieved 2015-10-16.
- ↑ "Square shakes off weak IPO with first-day trading pop". New York Post. Retrieved 19 November 2015.
- ↑ "Square". Google Trends. Retrieved 17 April 2021.
- ↑ "PayPal, Square, Venmo and Google Pay". Google Trends. Retrieved 12 April 2021.
- ↑ "Square, Inc.". wikipediaviews.org. Retrieved 17 April 2021.
- ↑ "PayPal, Square, Venmo and Google Pay". wikipediaviews.org. Retrieved 17 April 2021.