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Square, a mobile payments and point-of-sale (POS) provider, has been ramping up for a European launch after an earlier foray into the North American space this year. Square has taken concrete steps to facilitate a European expansion, culminating in the incorporation of a business known as Squareup Europe Ltd., which is based out of the UK.
A preliminary look into this strategy suggests that Square is looking to use the UK as a base for its European operations, which could not have come at a worse time for the group, given the recent fallout of the Brexit referendum. Like many other ... (read more)