Square, the San Francisco-based mobile payment company, is rumored to have filed for an IPO.
According to Bloomberg news, the company started by Twitter co-founder (and current interim CEO) Jack Dorsey has filed to sell stock to the public.
Square is not commenting on the news yet, and the reason we can’t confirm it through other channels is because the filing is said to be private.
Under the Jumpstart Our Business Startups Act, a company will less than $1 billion in revenue can file to go public secretly through the SEC.
We’ll keep checking to confirm the news.
Scott is on Twitter (Jack’s other company): @scottbudman
