Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Square Launches Debit Card for Business Owners
ShareTweet
Home
Fintech
Square Launches Debit Card for Business Owners

Square Launches Debit Card for Business Owners

Todd Anderson·
FintechNews RoundupUSA
·Jan. 18, 2019·1 min read

Square continues their push into banking by offering a new debit card to business owners; “We now offer all sellers who use our point of sale a place to store their money, and a MasterCard to spend it instantly,” Jack Dorsey, the CEO of Square and Twitter, said in a tweet according to American Banker. “No bank account needed.”; the funds are held in pooled accounts and not in FDIC insured bank accounts; this will allow for instant funding and a 2.75 percent discount on purchases with Square merchants; Square continues offering banking services while not yet becoming a bank, though they did refile their ILC charter application. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts

Tags
debit cardsdigital bankingSquare
Related

Rory O’Reilly, Co-Founder and CEO of Knot, on connecting cardholders to merchants

Nico Simko, Founder & CEO of Clair on a different approach to earned wage access

Anthony Sharett, President of Pathward, on how to do banking-as-a-service right

Nubank’s Credit Loan Strategy: How It Works

Popular Posts

Today:

  • Ram PalaniappanIn 2026, Your Wages Should Not Be On a Two-Week Delay Aug. 20, 2026
  • FNThe Credit Building Boom: Innovation or Score Manipulation? Jan. 8, 2026
  • FNMerge CEO on building the pipes behind AI, and starting with zero code May. 21, 2026
  • FUTURE NEXUS IMAGE TEMPLATES!! (2)OCC Hints at Trouble for Charters Jun. 18, 2026
  • Karan KatyaInside Adyen’s Blueprint for Getting Merchants Ready for Agentic Commerce   Jul. 16, 2026
  • Funded RimeFunded: Rime raises $24M to make enterprise voice AI sound more human Jul. 17, 2026

This month:

  • FUTURE NEXUS IMAGE TEMPLATES!! (2)OCC Hints at Trouble for Charters Jun. 18, 2026
  • Dr. Devi Parikh“Too heavy of a hammer”: How Yutori is beating AI giants at building the web’s future Sep. 10, 2026
  • Ram PalaniappanIn 2026, Your Wages Should Not Be On a Two-Week Delay Aug. 20, 2026
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026
  • Ryan WigginsMercury’s Ryan Wiggins on Building Customer Trust: Lessons from a Decade at Facebook and WhatsApp Jul. 2, 2026
  • Dr. Jean NehmeHardware as a durable moat & the former surgeon’s bet on “soft robotic cells” Aug. 27, 2026
  • TitoEscaping the demo: The founders building the foundation for medtech physical AI Jul. 23, 2026
  • FNMerge CEO on building the pipes behind AI, and starting with zero code May. 21, 2026
  • 197Renton’s Take on Loan Model Risks Nov. 4, 2025
  • Ethan ChanAllium CEO Ethan Chan on making blockchain data usable Sep. 3, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results