COVID-19 resources & funding

We’re banking on small business.

Square was started to help small businesses succeed. Now, we’re taking that mission further.

We’re designing a new kind of bank, made specifically for small businesses.

From day one, we’ve worked to unlock access to the financial system. We started with a little white reader to take credit card payments, and have expanded to add new products and services that power business growth, like Square Capital.

Today, we’ve received conditional approval from the FDIC to open a bank, Square Financial Services. This means we’ll soon be able to offer banking products built for the small businesses we’ve been investing in since the beginning.

Our bank is expected to launch in 2021, offering small business loans and deposit products.

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