square
#1 - square - helping sellers sell
Abhi
Jun 10, 2020
1 min read
Updated: Jul 30, 2020
#Fintech #PublicCo #Bullish #InvestmentMemo-Basic
Financials
- Revenue - $2.2B ($1.1B txns, $1B services, $80M from hardware sales)
- EBITDA - $400M, ~17% margin
- TPV - 50% CAGR from 2012 start of $6B to $110B today
- 55% of TPV from large sellers with >$125k in annual GPV (8% in 2012 - pivot to large SMEs has happened)
- Cash App - Grew from $1M revenue in 2016 to $700M RR in 2019
Product Suite
Sellers
- POS
- Capital
- Payroll
- Appointments
- Invoices
- Customer engagement
- Ecom
- Square Card
- Weebly
- Virtual Terminal
- Dev Platform
Customers - Cash App
- Cash Card
- Installments
- Crypto
- Cash Boost - rewards
- P2P
- ATM
- Instant deposits
- Direct payroll
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