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

Cash App Debuts iPhone Tap to Pay for Business Sellers

Cash App Debuts iPhone Tap to Pay for Business Sellers
Cash App Debuts iPhone Tap to Pay for Business Sellers
July 16, 2025  |  Digital Payments

Cash App says its business sellers now have a new way to accept contactless payments. The company on Tuesday (July 15) announced the launch of...

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Block Stops $2 Billion in Cash App Fraud by Alerting Customers to Scams
Block Stops $2 Billion in Cash App Fraud by Alerting Customers to Scams
June 26, 2025  |  Cybersecurity

Watch more: Block Stops $2 Billion in Cash App Fraud by Alerting Customers to Scams There are signs that the good guys are gaining momentum...

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Block Says It’s Extended Over $100 Billion in Credit to Consumers and SMBs
Block Says It’s Extended Over $100 Billion in Credit to Consumers and SMBs
May 20, 2025  |  Loans

Block said Tuesday (May 20) that since the launch of its credit products, it has extended over $100 billion in credit while keeping its loss...

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Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
May 02, 2025  |  Consumer Insights

Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. As PYMNTS noted in its...

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Block Renews Bets on AI, Ecosystem Lending as Growth Softens
Block Renews Bets on AI, Ecosystem Lending as Growth Softens
May 01, 2025  |  Earnings

For a company long hailed as a tech disruptor in financial services, Block’s Q1 2025 results present a paradox. One of slowing growth amid a...

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Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
April 10, 2025  |  AML

Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. The New York Department of Financial Services (NYDFS) announced the penalty Thursday (April 10), saying it...

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Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
April 03, 2025  |  Mobile

Block’s Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The...

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Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
March 26, 2025  |  Personnel

Financial services company Block has reportedly laid off 8% of its workforce. The job cuts impact 931 people, TechCrunch reported, citing a Tuesday (March 25) email from Block...

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