Square Processing $10 Billion Per Year

Square announced that they are hitting around $10 billion in annual payments.  There are around 7,000 Starbucks stores that are now accepting Square Wallet, which is helping drive those payments.  Square raised $200 million in Series D this past September.  The company was processing $6 billion as of June 2012 and $5 billion as of April 2012.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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