Updated on Thursday, 16 September 2021 – 09:35
The company offers Spanish entrepreneurs limited places to test its integrated software and hardware tools
Twelve years after his birth, he landed in Spain Square, the digital payments proposal of the co-founder and CEO of Twitter, Jack Dorsey. Since its IPO in 2015, this American fintech company has been deploying on one side and the other of the pond: Canada, Australia, France, Ireland, Japan, Norway and the United Kingdom.
Now he arrives in Spain with a Early Access Program to its ecosystem of products for Spanish companies. A launch of limited places that allow exclusive access to an integrated set of tools that offer solutions to business needs ranging from the creation of a web page to inventory management or card payment management, thanks to its hardware services. and software.
With this it seeks to help companies and freelancers to “launch, manage or adapt their business”, accompanying them in the evolution of their needs, as the company itself explains.
This landing is Square’s first approach to Spain, which, according to the company, will be completed in 2022 when they officially launch their products in this market without limits. This contact will allow the North American company “to continue perfecting and improving our products before the official launch, thus ensuring that we offer the solutions that Spanish companies need to prosper, both in physical stores and online,” he points out. Jason Lalor, Square CEO Europe.
Just a few months ago, the company acquired Afterpay, the Australian company pioneer in this sector. The previous year he did the same with See, the Spanish fintech startup known as “el Paypal espaol”. Precisely, Square’s arrival in Spain expands the field of competition between it and the consolidated one to a new territory Paypal, the largest company in the sector.
At the moment, Dorsey’s fintech seeks to make its way among Spanish entrepreneurs and freelancers, attracted by the large volume of SMEs that make up the indigenous business fabric. More than 2.80 millionof small and medium-sized companies in January of this year according to data from the Ministry of Industry and Commerce. “Our hardware and software ecosystem has been designed with companies of all types and sizes in mind, with the aim of helping them adapt, manage and grow,” said its CEO. “We are delighted to begin collaborating with the diverse Spanish business community.”
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