Square Inc. appears to have international growth on its agenda.
Jack Dorsey, chief executive of the mobile-payments startup, said at the Allen & Co. media conference in Sun Valley, Idaho, that the company will expand and make its device available outside the U.S.
Dorsey, one of the founders of Twitter Inc., was invited to speak on a panel about innovation. “I don’t know what I’ll be talking about exactly,” he told reporters as he unpacked his bags from his rental car as he arrived at the Sun Valley Resort June 10.
“We’re having a lot of fun,” at Square, he said. “We just keep building, and we’re excited because we’re going outside the U.S. soon.”
Square, based in San Francisco, is a maker of credit card readers for tablets and smartphones and charges a fee of 2.75% on every transaction. The company has received funding from Kleiner Perkins Caufield & Byers, Sequoia Capital and Khosla Ventures.
