The Numbers Behind Square's Payment Business
Square enables merchants to process card payments on smartphones and tablets, offering both the hardware and the software necessary to do so. In 2014, the company processed payments worth $23.8 billion, generating revenue of $850 million. As many other companies in the late startup stage, Square has yet to become profitable, having posted a net loss of $154 million in 2014.
This chart shows the financials behind the mobile payments company Square.