Sunday, May 26, 2013

Square: 'We're building a global company'

Twitter co-founder Jack Dorsey wants to change how we all think about payments

Speaking to The Sunday Telegraph, Dorsey confirms “We want to bring Square to the world,” and indicates for the first time that the firm is planning a rapid international expansion.

“We’ve driven a lot of growth in the United States, but we’re really excited to get outside the United States,” he says. “You’ll see some announcements very soon.”

Dorsey remains chairman of Twitter, which is widely thought to be focusing on increasing its own profitability with a view to a stock market flotation in the fairly near future. But with Twitter established as a global force, used by more than 500million people and a permanent fixture in worldwide communications, it is Square that is increasingly likely to attract the attention of a major-sized audience too.