• Square joins coronavirus loan program
    Bitcoin,  Technology

    Crypto-friendly Square joins coronavirus loan program

    Square joins PayPal and QuickBooks in U.S. government’s $350 billion stimulus loan and grant program for small businesses and their employees—after a fight

    Twitter founder Jack Dorsey’s Bitcoin-friendly payment processing company Square is among the fintechs taking part in the U.S. Paycheck Protection Program, potentially offering a more nimble platform to quickly get loans and grants to small businesses slammed by the coronavirus pandemic.

  • Dorsey gives $1 billion COVID-19 fight
    Bitcoin,  Innovators

    Jack Dorsey will ‘start small,’ giving a quarter of his fortune to COVID-19 fight, girls education

    The Twitter and Square CEO will also support universal basic income, says he wants to see philanthropy’s ‘impact in my lifetime’

    On April 7, Twitter and Square founder Jack Dorsey tweeted on his @jack account that he will give $1 billion—more than a quarter of his fortune—to fight the COVID-19 epidemic. After that, the funds will be used to advance health and education initiatives for girls, and advocate for universal basic income.