Square acquires Spanish P2P payments app Verse

Daniel Gusev
Jun 16, 2020 · 1 min read

Source: Finextra, Square Press Release

“<Square> acquired Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge.

We were drawn to Verse’s strong team, and they share a similar approach to us around inventing and learning to better serve customers. Verse will join the Cash App organization at Square, enabling the two teams to learn from one another as we provide them with additional support through Cash App technology and resources.”

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Comment from Gauss Team:

It has been our privilege to add a token to the traction of Verse and we congratulate the team of Verse responsible for this milestone.

Gauss Ventures