Square's CFO on What's Driving the Company's Growth
Square’s focus on omni-channel retail has been its biggest growth driver, Chief Financial Officer Sarah Friar told Cheddar Wednesday.
“It’s really about helping entrepreneurs meet their buyers wherever they are...in the same way that big businesses are approaching it,” Friar said.
The payments processing platform beat revenue estimates in its Q4 earnings.
The company’s Cash app -- a Venmo-style money transfer app -- is also fueling its rapid growth with its 7 million monthly active users as of the last quarter.
“We find a lot of underbanked also using that,” added Friar. “That same theme of economic empowerment applies to individuals as well as to small businesses.”
Building on this theme of economic empowerment, the company recently launched a film series titled “For Every Kind of Dream,” which highlights small business owners around the U.S.
Their most recent film in the series focuses on SisterHearts -- a thrift store and organization that helps formerly incarcerated men and women transition back into society.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
By the time the 2024 election is over, be prepared to see some form of a recession – but this shouldn’t be as bad as what we experienced in 2020 or 2008.
