Square was founded in 2009, when glass-blower Jim McKelvey found he was unable to complete a sale because he couldn’t accept credit cards. He discussed the problem with his friend Jack Dorsey, and they co-founded Square, initially selling a cost-effective mobile phone accessory that allowed small businesses to accept credit card payments. This has since expanded to over 30 products and services for both sellers and consumers.

Square is one of the Telescope Investing model portfolio stocks, and in this week’s pod Luke & Albert deep dive into the company and discuss recent developments for this fast-growing player in the e-payments space.