May 11, 2016Blog Posts

Square’s Invoicing Software Gets An Upgrade

Fortune

A new business is showing strength amid intense scrutiny. For the past year, payments company Square has focused on expanding beyond selling credit card readers for merchants to invoicing, cash advances, and appointment scheduling. That bet appears to be paying off.Square’s first earnings Wednesday after a highly anticipated initial public offering in November showed big revenue gains from its new push into software and services. Fourth quarter sales in the segment rose nearly four-fold to $22 million from the same period a year earlier.

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