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Square says Square Financial Services, its industrial bank, has started operations after getting FDIC approval last year (Mary Ann Azevedo/TechCrunch) – BlackTopComedy

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sq. monetary providers azevedotechcrunch, Mary Ann Azevedo / TechCrunch:Sq. says Sq. Monetary Companies, its industrial financial institution, has began operations after getting FDIC approval final yearKnown for its improvements within the funds sector, Sq. is now formally a financial institution.Practically one 12 months after receiving conditional approval, Sq. mentioned Monday afternoon

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