Square valued at $6b after raising $150m, led by Singapore Govt

Square valued at $6b after raising $150m, led by Singapore Govt

Jack Dorsey (L), CEO of Square and CEO of Twitter, Jim McKelvey co-founder of Square (2nd R) and NYSE President Tom Farley (R) watch as Mac Riley rings a ceremonial opening bell on the floor of the New York Stock Exchange for the IPO of Square Inc., in New York November 19, 2015. REUTERS/Lucas Jackson

Mobile payment startup Square has raised $150 million, valuing the company at $6 billion, and the new round of venture financing was led by the Government of Singapore Investment Corporation, according to the New York Times.  The report also that previous investors Goldman Sachs and Rizvi Traverse Management also participated in this latest round of financing.

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