Italy's Satispay valued at over 1 bln euro after raising 320 mln euros [Reuters]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Reuters
U.S. investment firm Addition has become the lead investor in the company, which can now boast "unicorn" status. Venture capital firm Greyhound Capital, a shareholder since 2018, also increased its stake, a company statement said. Hedge fund Coatue Management, private equity firm Lightrock, Block Inc., China online giant Tencent (0700.HK) and Italy's Mediolanum Gestione Fondi Sgr, all Satispay investors since 2021, are among the other existing shareholders who participated in the new funding round. Founded in 2013, Satispay provides a mobile app that allows users to pay in stores, exchange money with friends and pay fines. The new investments will allow Satispay to become "the next leading payment network in Europe," said company co-founder and CEO, Alberto Dalmasso. Satispay has the capital, the experience and the necessary skills, and in the last two years it doubled its customer base, expanding in three more European countries, the CEO added. "It's really a new beginning
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News
- Block (SQ) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App [Yahoo! Finance]Yahoo! Finance
- Jack Dorsey's Block Finishes Development of Bitcoin Mining Chip [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Crown Point woman faces felony fraud charges for business theft allegations [Yahoo! Finance]Yahoo! Finance
- Block, Inc. (NYSE: SQ) had its "positive" rating re-affirmed by analysts at Susquehanna. They now have a $100.00 price target on the stock.MarketBeat
SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/15/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- SQ's page on the SEC website