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

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

Mary Ann Azevedo / TechCrunch:Square says Square Financial Services, its industrial bank, has started operations after getting FDIC approval last yearKnown for its innovations in the payments sector, Square is now officially a bank.Nearly one year after receiving conditional approval, Square said Monday afternoon
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