Cash App

Cash App is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a mobile phone app. The service is available in the US and the UK. As of March 21, 2021, the service recorded 36 million active users.

(source: cash.app)

Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

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Cash App Founder Bob Lee Killed in Stabbing
Cash App Founder Bob Lee Killed in Stabbing
April 05, 2023  |  Personnel

The founder of Cash App has reportedly been killed in a stabbing in San Francisco. According to multiple news reports Wednesday (April 5), Bob Lee,...

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Block Stock Bounces Back After Refuting Hindenburg Report Findings
Block Stock Bounces Back After Refuting Hindenburg Report Findings
April 02, 2023  |  Investments

Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report. On March 23, Hindenburg Research published a...

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Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
March 23, 2023  |  Security & Fraud

Block saw its stock tumble Thursday (March 20) after a short seller accused it of misleading investors. A report by Hindenburg Research, which the firm...

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Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
February 28, 2023  |  Earnings

Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings. By the numbers, the card...

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Block CFO Makes Defensive Case for Square-Cash App Ecosystem
Block CFO Makes Defensive Case for Square-Cash App Ecosystem
February 27, 2023  |  Earnings

Block, which owns retail POS solution Square, money transfer service Cash App, and buy now, pay later (BNPL) firm Afterpay, is on a journey to...

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Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
February 23, 2023  |  Earnings

A year after closing its acquisition of Afterpay, Block (formerly Square) is seeing traction in its buy now, pay later (BNPL) business. And the Cash...

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Cash App Launches New Feature to Help Consumers With Savings
Cash App Launches New Feature to Help Consumers With Savings
January 31, 2023  |  Personal Finance

Cash App has launched a new feature that helps consumers with their savings. Designed to make it easy for people to save for the first...

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IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023  |  Gig Economy

The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the...

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