Square has reportedly made a confidential filing for IPO

Square has reportedly filed to go public.

The company, still under the helm of Jack Dorsey — also Twitter’s interim CEO — filed for an initial public offering confidentially, according to a report from Bloomberg. Because the filing is confidential, there’s no easy way to verify this claim. Reached by VentureBeat, Square declined to comment on the news.

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Today’s news follows earlier rumors of Square’s interest in going public this year.

Over the past year, Square has done something of an about-face. In April 2014, rumors surfaced that the company had lost $100 million and considered selling itself off. Since then the company has shuttered two consumer products, Square Wallet and Square Order, and launched a slew of business products.

In addition to analytics, inventory, payroll, and scheduling apps, Square also now offers cash advances and a tool called cash tags, which enables businesses to collect money from consumers digitally. The company also refined its interests in the food industry; it bought Caviar, a delivery service for high-end restaurant fare, and FastBite, for cheap meals delivered in under 15 minutes.

These consolidations, closures, and product launches reveal a company preparing for something big … perhaps an IPO.