Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Reses: Square Capital originated as a 10-person Hack Week project

Jackie Reses · She Bought a Bank for $56M. It's Now Worth $1.5 BILLION · Sourcery with Molly O'Shea · May 28, 2026 · at 28:48

Lead Bank CEO and former Square executive Jackie Reses recounts how Square Capital was formed before she joined Square in 2015 to scale its financial services.

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“Square Capital. It was actually a Hack Week project. That a bunch of folks had started, and so I took over for this amazing Hack Week project, and I ended up going to run literally this thing that had started. It had 10 colleagues that were pulled together from, like, the risk team and the finance team and an operating team, and I pulled the team together and ended up going and building what became Square Capital.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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