www.varchev.com

A company founded by Jack Dorsey filed confidentially for an IPO.

Square Inc., the mobile-payments company founded and led by Jack Dorsey, the interim chief executive officer of Twitter Inc., filed confidentially for an initial public offering, people with knowledge of the matter said.

Square has been working with Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. on the IPO, said the people, who asked not to be identified because the process is private.Square, which processed $30 billion in payments from its millions of merchant customers in 2014, has been expanding into other areas such as business lending and payroll processing to provide more services.

Under the Jumpstart Our Business Startups Act, companies with less than $1 billion in revenue can file for an IPO with the U.S. Securities and Exchange Commission privately and work out the details with the SEC outside the public eye.


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance