The mobile payment company has filed confidentially for an initial public offering that would grant exits to Visa, Citi and Starbucks.
Square, a US-based mobile payment technology provider backed by several corporate investors, has filed confidentially for an initial public offering, Bloomberg reported yesterday, citing people with knowledge of the matter.
The company is working with Goldman Sachs, Morgan Stanley and JPMorgan Chase on the offering, which a person familiar with the matter told Forbes is likely to take place in autumn 2015.
Founded in 2008, Square’s core product is the Square Reader, a device that enables merchants to accept credit…