In Melbourne to celebrate Square’s second birthday in Australia, the company’s cofounder and CEO Jack Dorsey announced Square is set to build out an engineering hub down under, its first outside North America.
“We have been humbled by the support Square has received from Australia’s business community over the past two years. Australia is an important market for Square, with more and more businesses joining our platform every day,” Dorsey said.
“As our seller base continues to grow, our team needs to grow with it, which is why we are investing more in Australia, adding new high-skill jobs and expanding our local operations in Melbourne.”
The company has also moved into new headquarters in Melbourne, taking up residence on Bourke Street.
Launching in Australia with its original card reader in 2016, Square revealed last May that it had more than 60,000 businesses using one or more of its products; Australian country manager Ben Pfisterer said today the number of local businesses using Square has since increased 150 percent.
“With a thriving small business community and thirst for innovation, the Australian market has proven to be quick-adopters of new payments technology,” he said.