What Jack and Jim have managed to achieve is to really reshape the way the financial industry thinks about this.

And it's a huge step forward in ensuring that small businesses can actually operate and on top of that thrive.

We obviously back Bitcoin and the reason being is that we believe that we should be democratizing currency.

It shouldn't be sat within one specific framework that people can control and leverage as power.

So I guess the main point of having an AI product is to shortcut a lot of the heavy lifting around understanding where your business is growing and

where it isn't.

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Hello and welcome to the UKTN podcast, a weekly chat with the movers and shakers of the UK tech industry and the destination for all things UK tech related.

I'm your host, Jane Wakefield, and today I'm joined by Fee

SELIC, head of UK Strategy at Square, a contactless payment system for businesses. Welcome Fee.

Thank you for having me. Very excited to be here. Now, explain first of all a little bit about

what it is that Square does, you know, who your typical customers are and what it is that you enable them to do? Yeah, sure. So Square is a digital partner for over four

million businesses across the world. We offer tech support around both payments, point of sale

and funding, and our digital partner generally, or small to large businesses

with the view to provide economic empowerment to those businesses.

And when you say economic empowerment, I guess you're talking here about small businesses

that perhaps don't want to be involved in the technology. So they're looking for

someone else to do that. What kind of businesses typically are we talking about there? So SMB businesses

and small businesses. So people who are looking to enter this space and wouldn't necessarily

...