Square acquires European peer-to-peer payment app Verse

Squareacquired Verse, a Spanish peer-to-peer payment app that works across Europe. Terms of the deals are undisclosed. According to Crunchbase, Verse had raised $37.6 million from Spark Capital, eVentures and Greycroft Partners and others.
Square has attracted a ton of user with Cash App, its peer-to-peer payment app that lets you easily send and receive money from your phone. But Cash App has only been available in the U.S. and the U.K.
Acquiring Verseseems like a good fit to expand Square&rsqu