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    Visa claims 10% stake in Square trading shares

    News in brief

    Visa has revealed it has a 9.99% stake of Class A shares in mobile POS provider Square. The payment network holds more than 4m of Square’s Class B shares which don’t trade publicly but can be converted to approximately 3.52m in Class A shares, according to an SEC filing. Square filed for an initial public offering in October 2015 and began shipping its NFC device in December.

    Filed by Email Rian Boden Published • Last updated 15 February 2016, 14:31

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