Square Acquires Kili Technology to Bolster Canadian Foothold
Square has acquired Toronto-based Kili Technology.
The Silicon Valley payments company picked up the Canadian payments company for an undisclosed sum. Square now has an office in Toronto, its second in Canada. The first is in Waterloo, which opened in 2014.
“Together with Kili we will continue to lead the way in delivering simple and affordable hardware that gives our sellers a smarter and safer way to do business,” Square said in a statement.
The Kili team will continue operations in Toronto, according to Square.