The document summarizes the impressive growth of Square, a mobile payments startup. It notes that Square's annual payment volumes grew from $2 billion in November 2011 to $10 billion by November 2012. The number of accepting users also increased dramatically over the same period, from 500,000 in July 2011 to over 2 million by June 2012. Square's employee headcount grew from 150 in September 2011 to 400 by September 2012. The company has gained investors including Visa, JP Morgan Chase, and Starbucks and was valued at $3.25 billion in a September 2012 funding round.

1. The impressive Rise of
Square
André M. Bajorat - amb consult
November 2012
Donnerstag, 15. November 12

2. Processing
Annual Payments 11/2011: 2 Billion
Annual Payments 03/2012: 4 Billion
Annual Payments 04/2012: 5 Billion
Annual Payments 06/2012: 6 Billion
Annual Payments 09/2012: 8 Billion
Annual Paymemts 11/2012: 10 Billion - Update (without
Starbucks)
Monthly Volume 05/11: 90 Million
Monthly volume 04/12: 416 Million
by amb consult
Donnerstag, 15. November 12

3. annual Payments
using Square
Payments in $
10.000.000.000 $
7.500.000.000 $
5.000.000.000 $
2.500.000.000 $
0 $
11/2011 03/2012 04/2012 06/12 09/12 11/12
by amb consult
Donnerstag, 15. November 12

4. Accepting Users
July 2011: 500.000
November 2011: 800.000
April 2012: > 1.000.000
June 2012: > 2.000.000
by amb consult
Donnerstag, 15. November 12

5. Square-Accepting
Users
Merchants
2.000.000
1.500.000
1.000.000
500.000
0
07/2011 11/2011 04/2012 06/2012
by amb consult
Donnerstag, 15. November 12

6. Employees
September 2011: 150
September 2012: 400 - Update
by amb consult
Donnerstag, 15. November 12

7. Reseller
Apple
BestBuy
RadioShack
Target
Wal-Mart
AT&T - Update
by amb consult
Donnerstag, 15. November 12

8. Integration
Square-Wallet is part of the Starbucks
Mobile Wallet
more than 7.000 Starbucks in US
Update by amb consult
Donnerstag, 15. November 12

9. International
Roll-Out
Square is available in US and now
in Canada
Update by amb consult
Donnerstag, 15. November 12

10. Merchants
settlement
any sales made before 5pm, the
settlement takes place in the
merchant bank account the next
business morning
by amb consult
Donnerstag, 15. November 12

11. Investors
Visa Inc.
J.P. Morgan Chase
Richard Branson
Khosla Ventures
Sequoia Capital
Citi Ventures - Update
Rizvi Traverse Management - Update
Starbucks Coffee Company - Update
by amb consult
Donnerstag, 15. November 12

12. Valuation 09/2012
Series D Funding: 200 Million Dollar
Valuation: 3,25 Billion Dollar
by amb consult
Donnerstag, 15. November 12

13. André M. Bajorat
eMail: b@jorat.de
Web: www.bajorat.de
Blog: www.paymentandbanking.com
twitter: /ambajorat
twitter: /ambconsult
Facebook: /ambconsult
Xing: https://www.xing.com/profile/
AndreMarseille_Bajorat
PayPal: b@jorat.de
Donnerstag, 15. November 12