The company secures big series D, which had corporate backing from coffee shop Starbucks and US bank Citigroup's corporate venturing unit.

Visa-backed mobile payments company Square has confirmed that it has finally closed its series D round, amassing $200m from investors including coffee shop Starbucks, private equity investor Suhail Rizvi, and Citi Ventures.

The firm previously announced one tranche of the funding whilst simultaneously unveiling its partnership with Starbucks, which invested $25m in Twitter founder Jack Dorsey’s company.

The Calif.-based firm is now valued at $3.25bn after raising $341m in venture funding. In June 2011, the firm raised $100m in a…

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