10.10.2014 - GIC invests in US tech startup Square
GIC, Singapore's sovereign wealth fund, has invested in Square, a United States-based technology startup behind various products and services such as Square Register, a free point-of-sale app for the Android and iOS systems. “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,” GIC said in a statement issued on Friday..............................................Full Article: Source
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