GIC Invests in Square

10-Oct-14

10 October 2014

10 October 2014, Singapore – GIC, Singapore’s sovereign wealth fund, has invested in Square, which is building a Register that includes a full suite of services businesses need to provide the best customer experience and take care of core business operations.

As a long-term value investor, GIC believes the rising secular trend and penetration of mobile payment software will present good investment opportunities. Square, in particular, plays a key role in accelerating the acceptance of all forms of payments in the Small and Medium Businesses’ sector.