Domo's New Product for Square Won't Revive Its Revenue Growth

Cloud analytics software provider Domo (NASDAQ: DOMO) recently launched a new service for digital payments provider Square (NYSE: SQ) called "Domo for Square," which lets merchants with multiple Square accounts merge and manage all their data in a single app.

Domo states that once all the data is consolidated, sellers can review visualized period-over-period comparisons, sales by categories, and other information to improve their businesses. Jay Heglar, chief business officer at Domo, stated that Domo for Square would bring "the power of enterprise tech to small businesses" and empower Square's sellers "with the data and insights they need to easily run their businesses."

Image source: Getty Images.

Source Fool.com