SQUARE BOOSTS AUSTRALIAN BUSINESS WITH NEW HQ AND ENGINEERING HUB

May 22, 2018

MELBOURNE, 22 May 2018 – Square today announced it is expanding operations in Australia, opening a new, larger headquarters to support the growing team in Melbourne, which will include the company’s first engineering hub outside of North America.

Square co-founder and CEO, Jack Dorsey, was in the new Melbourne CBD location today to make the announcement and celebrate the company’s two-year milestone of providing payments to Australian businesses.

“We have been humbled by the support Square has received from Australia’s business community over the past two years,” said Jack. “Australia is an important market for Square, with more and more businesses joining our platform every day.”

In addition to increasing engineering capabilities, Square has received support from the Victorian Government to expand its Australian workforce, with plans to add more business and tech jobs that will see the company’s local headcount exceed 100 employees over the next few years.

“As our seller base continues to grow, our team needs to grow with it, which is why we are investing more in Australia—adding new high-skill jobs and expanding our local operations in Melbourne,” said Jack.

Australian Country Manager, Ben Pfisterer, said the company has more than exceeded its expectations in the local market, with the number of Australian businesses using Square increasing 150 per cent since March 2017.

“With a thriving small business community and thirst for innovation, the Australian market has proven to be quick-adopters of new payments technology,” said Ben. “We are investing in our local workforce this year, and adding new engineering capabilities, so that we can introduce a greater range of products and services that will help more Australian businesses.”

Square has introduced more than a dozen products and services over the past two years to bolster the business offering for its fast-growing Australian base – from card payments and invoicing to real-time data and inventory tools. Square has also added a valuable e-commerce offering to its platform, recently announcing it had entered into a definitive agreement to acquire global website building platform Weebly.

Now operating across offices in the US, Canada, Japan, Australia, the UK and Ireland, Square’s workforce continues to grow, with more than 2,300 employees globally.

About Square, Inc.
Square, Inc. (NYSE:SQ) creates tools that help sellers start, run, and grow their businesses. Square enables sellers to accept card payments and also provides reporting and analytics, next-day settlement, and chargeback protection. Square’s free point-of-sale software and other business services help sellers manage inventory, locations, and employees; engage customers; and grow sales. Square was founded in 2009 and is headquartered in San Francisco, with offices in the United States, Canada, Japan, Australia, Ireland, and the UK.

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