Square’s bank arm launches as fintech aims ‘to operate more nimbly’ – TechCrunch

Square’s bank arm launches as fintech aims ‘to operate more nimbly’ – TechCrunch

Known for its innovations in payments, Square is now officially a bank. Almost a year after receiving conditional approvalSquare said Monday afternoon that its industrial bank has Square Financial Services put into operation. Square Financial Services has completed the charter approval process with the FDIC and the Utah Department of the Treasury, which means the … Read more