Square’s Keith Rabois checks out of mobile payments startup

Square COO Keith Rabois, one of the most prominent figures at a business that’s having an outsized effect on the mobile payments era, has decided to leave Jack Dorsey’s company.

According to AllThingsD, and supported by statements from Square and Rabois himself, the investor and executive has decided to part ways with a company that’s considered one of the brighter stars in the Silicon Valley constellation. Led by Dorsey, Twitter’s co-founder, Square has captivated small businesses with an easy-to-use credit-card payments system, and Rabois has been one of the more vocal proponents of Square’s approach to mobile payments.

It’s not entirely clear at this point what Rabois might have planned for the future, but AllThingsD points to “disagreements” between Rabois and Dorsey over the future of Square.

Rabois spoke at our Mobilize conference last year, and a video of that session follows below.

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Watch live streaming video from mobilize2012 at livestream.com


GigaOM