Square Acquires Evenly

Posted December 11, 2013 at 8:52pm by iClarified | Please help us and submit a translation by clicking here | 3344 views

Square has announced the acquisition of Evenly, an app that let you share expenses with friends.

The official announcement from Square is below:

At Square, we are committed to creating a better experience for our merchants by helping them focus on their customers, rather than on the payment itself. From paying with your name with Square Wallet, to designing Square Stand for conversational ordering, we constantly optimize for customer experience.

So we’re pleased to announce that the Evenly team is joining Square. Evenly’s app made it easy for anyone to send or collect payments from friends, anywhere, anytime. But more importantly, the team showcased the importance of prioritizing experience over the technical aspects of the product itself. In their own words, “Life is about sharing experiences, not splitting transactions.”

The Evenly team will work on seller initiatives, bringing to Square the same focus on simplicity and design that they brought to their own app. We are thrilled to welcome them aboard.

Evenly has also announced the acquisition saying:

Over the past 18 months, we've been honored to help our users pay friends, fund vacations, share adventures, and much, much more. Along the way, we've been fueled by the belief that simplifying everyday payment experiences can help people better enjoy life's moments. We couldn't imagine a better place to continue our journey than at Square.

At Square, we'll help 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!

Thank you for giving Evenly your trust. It's been an honor! While we plan to shut down Evenly in early 2014, rest assured, you'll have plenty of time withdraw any outstanding balances from your account. We hope you'll continue the journey with us at Square.

To get information on closing out your Evenly account click here.

Add Comment
Follow iClarified