Square Processing $10 Billion Per Year

Posted Nov 14, 2012

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.