Square Said to File for IPO

Square, the merchant services aggregator and mobile payment company, has reportedly filed confidentially for an IPO.  This news comes after Forbes reported last month that Square is preparing for a public offering.  The company declined to comment on the news.  Square was last valued at $6bn in October 2014.  Investors in the company include Government of Singapore Investment Corporation, Citi Ventures, Starbucks, Rizvi Traverse Management 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 106 companies organized by investment theme.