Twelve years after his birth lands in Spain Square, the proposal for digital payments of the co-founder and CEO of Twitter, Jack Dorsey. Since its stock exchange in 2015, this American Fintech company has been implemented on one side and the other of the Charco: Canada, Australia, France, Ireland, Japan, Norway and the United Kingdom.
Now it reaches Spain with an anticipated access program to its product ecosystem for Spanish companies. A launch of limited places that will allow exclusive access to an integrated set of tools that offer solutions to business needs ranging from the creation of a web page to the administration of inventory or management card payments, thanks to its hardware services and software.
This disembarkation is a first approach by Square to Spain, which according to the company, will be completed by 2022 when it is officially and unlimited its products in this market. This contact will allow the North American company to "continue perfecting and improving our products before the official launch, ensuring that we offer the solutions that Spanish companies need to prosper, both in physical and online stores," says Jason Lalor, Executive Director. Square for Europe.
Just a few months ago, the company acquired Afterpay, the Australian company pioneer in this sector. The previous year did the same with seeing, the Spanish Startup of Fintech known as "The Spanish Paypal". Precisely, the arrival of Square to Spain expands a new territory the field of competition between this and the consolidated Paypal, the largest company in the sector.
For the time being, the Dorsech Finech seeks to open the way between Spanish businessmen, attracted by the large volume of SMEs that make up the autochthonous business fabric. More than 2,80 million small and medium-sized enterprises in January of this year according to the data of the Ministry of Industry and Commerce. "Our hardware and software ecosystem has been designed with companies of all kinds and size, with the aim of helping them adapt, manage and grow," has underlined its executive director. "We are delighted to start collaborating with the varied Spanish business community."Updated Date: 20 September 2021, 23:06