Square Filing for IPO in Two Weeks

Square, the merchant services aggregator and mobile payment company, is reportedly planning to file an S-1 for its initial public offering within the next two weeks. A Fortune article out yesterday afternoon states that the company filed a confidential filing earlier this summer. This timing would allow Square to go public before the end of 2015. Goldman Sachs has been selected as the lead underwriter and Morgan Stanley and J.P. Morgan are also involved in the deal.

Square was last valued at $6bn in October 2014. Investors in the company include Government of Singapore Investment Corporation, Citi Ventures, Starbucks, Sequoia Capital and Richard Branson.

Square is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired. The current IPO Watchlist is comprised of 108 companies organized by investment theme.