To me, Square seems a bit rudderless, but to others I'm sure they take that as being opportunistic. Despite Stripe's valuation, most hold that credit card proc

To me, Square seems a bit rudderless, but to others I'm sure they take that as being opportunistic. Despite Stripe's valuation, most hold that credit card processing fees are not the keys to riches. Their lending operation is pretty interesting. If structured as a payday loan operation for businesses, it can be quite profitable albeit fraught with regulatory and/or reputation risk. If not structured as a payday loan biz, I don't think there's much meat there. Low credit borrowers won't repay, and higher credit borrowers can seek credit from other sources a much lower rates. e.g. the securitized market. e.g. it's much cheaper for a business owner to borrow against his house to fund his biz than for he or she to borrow from Square. Such a payday loan biz was just bid on Shartank. http://boss.blogs.nytimes.com/2013/11/19/assessing-a-kevin-oleary-investment-on-shark-tank/?_r=0 http://boss.blogs.nytimes.com/2013/11/19/assessing-a-kevin-o...