Sep 27, 2018
Square is going to start offering loans to merchants who don't use its point of sale services.
Meanwhile, on the other side of the ocean, Square Capital is partnering up with Upserve to offer Upserve’s customers -- small businesses (who don’t use Square’s core payments service) loans based on anonymous sales data and offered through the Upserve software. Square Capital is expanding its lending program beyond their core customers -- in the future other partners would have a similar data sharing arrangement.
