Square may be looking for a new cash infusion.
The mobile payment startup is said to be in the process of raising about $200 million at a $6 billion valuation, according to CNBC. At least some of that capital is reportedly coming from the Government of Singapore Investment Corporation.
A rep for Square declined to comment on the report.
See also: 10 Startups to Watch in 2014
Square, run by Twitter cofounder Jack Dorsey, was at one point viewed as a likely contender to go public this year, but reportedly put off that plan for the foreseeable future. The company is said to have posted a $100 million loss in 2013 and was rumored to have been in acquisition talks Read more…
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