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Square acquires payment provider Evenly

Square has acquired mobile money transfer service provider Evenly

Mobile payments solutions provider Square has acquired mobile money transfer service provider Evenly. Customers of Evenly will have their accounts terminated on January 15, 2014, when the service will close down.

The Evenly team said that the acquisition by Square would help it make commerce easy for millions of buyers and sellers. “We’ll tackle huge challenges alongside so many talented engineers and designers. Together, we’ll continue to bring simplicity, transparency, and immediacy to commerce. We’re thrilled about the opportunity ahead,” the firm said in a statement.

Earlier this month, Square announced the acquisition of photo sharing app developer Viewfinder. The firm said that the Viewfinder team’s expertise in building mobile applications will help its mission “to make commerce easy for everyone”.

“The team is incredibly talented, having built an app that blends beautiful design and highly technical engineering to create personal, human experiences,” Square CTO Bob Lee said at the time. “The team’s passion, experience, and dedication to pushing the envelope makes them a perfect fit for Square, and we’re thrilled to work with them.”


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