Private equity investor Suhail Rizvi is leading the latest round for the Visa-backed mobile payments company, according to news provider New York Times that cites sources familiar with the deal.
Mobile payments company Square, which is corporate venturing backed by credit card company Visa, is reportedly close to securing roughly $200m in funding which will see the company valued at $3.25bn, but falls short of the $4bn to $5bn valuation it had sought.
Private equity investor Suhail Rizvi is leading the round, according to news provider New York Times that cites sources familiar with the deal.
Square, created by Twitter co-founder and chairman Jack Dorsey, last year secured a $100m…
