Friday 21 October 2016

Want to work for Twitter founder Jack Dorsey? His new company Square is coming to Dublin

Published 19/08/2016 | 08:05

Inventor and co-founder of Twitter Jack Dorsey Photographer: Yana Paskova/Bloomberg
Inventor and co-founder of Twitter Jack Dorsey Photographer: Yana Paskova/Bloomberg

US mobile payments company Square has posted three new job openings in Europe, one of which is based in Dublin.

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Square, which is owned by Twitter founder Jack Dorsey, is looking to expand into Europe with its eyes set on the British market first.

However, the Dublin posting appears that Mr Dorsey is looking beyond the UK when it comes to the European market.

The company is looking for a technical customer support representative and posted the opening on recruitment website Indeed last night. The full role profile can be found here.

Another two roles have been advertised for Britain. Square is looking for a compliance analyst and communications manager to work in London.

Square offers a number of services including invoice software, loans, and point-of-sale registers. The company operates in the fintech field has generated a lot of hype, not least due to its Tech giant founder Mr Dorsey.

A Square spokeswoman declined to comment to Reuters on the job postings.

Square began beta testing of its payments system in London in June to prepare for an initial launch in Britain, Reuters reported last month. The company incorporated a business called Squareup Europe Ltd in Britain, where its payments processing technology is already being used by merchants.

"We do view it as a very interesting market," chief executive Jack Dorsey said on a recent call with investors when asked about the UK.

Previously, Square's payments service had only been available in the United States, Canada, Japan and Australia.

Square will compete with established European players such as Sweden's iZettle and SumUp in London.

Competitor Apple Pay launched in the UK last year and has partnerships with banks across Europe. Google's Android Pay is also in the UK.

The company this month reported a 41.5pc jump in revenue and 42pc growth in payments processed on its system for the second quarter. However, it is still unprofitable with a loss of more than $27m for the three-month period.

Addition reporting from Reuters

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