Speaking on CNBC with Jim Cramer on Mad Money, Reses shared that Square is capitalizing on the lack of access to traditional financing for small and medium sized businesses; in 2018 the company made around $472 million loans to 72,000 businesses, an increase of 55% from the prior year period; one of Square’s competitive advantages continues to be the access to data which come through their point of sale systems; CNBC shares the full video interview. Source
