Tell us a bit about what you know of Square?

Question Analysis

This question is designed to assess your understanding and knowledge of the company you are interviewing for, which in this case is Square. It tests your preparation for the interview, your interest in the company, and your ability to connect your skills and experiences to the company’s mission and goals. To effectively answer this question, you should research Square's history, products, services, values, and recent developments.

Answer

Square is a financial services and mobile payment company founded in 2009 by Jack Dorsey and Jim McKelvey. The company is best known for its innovative point-of-sale solutions that empower small and medium-sized businesses to accept credit card payments through a variety of devices, including smartphones and tablets.

• Mission and Vision: Square aims to make commerce easy and accessible to everyone, allowing businesses to grow and succeed without the traditional barriers of financial infrastructure.

• Product and Services: Square offers a wide range of products beyond payment processing, including Square Terminal, Square Register, and Square Stand. Additionally, they provide business solutions such as payroll services, e-commerce platforms, and financial management tools.

• Innovation and Technology: Square has been at the forefront of integrating technology into financial services, offering seamless and user-friendly experiences. Their Cash App, for example, has gained significant popularity for peer-to-peer money transfers and investment opportunities.

• Recent Developments: Square has been expanding its ecosystem with strategic acquisitions and partnerships. A notable example is the acquisition of Afterpay, which marks Square's entry into the buy-now-pay-later market, further diversifying its offerings.

• Values and Culture: Square is known for its commitment to diversity, equity, and inclusion, striving to create an inclusive environment where all employees can thrive.

In summary, Square is a dynamic and innovative company that continues to evolve and adapt to the changing financial landscape, making it an exciting place to work and grow professionally.