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 Direct Lending Move Aims at Filling Consumer Credit Gaps

Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
March 18, 2025  |  Consumer Finance

The platforms that have banks embedded in their operations are taking more of their lending activities into a direct model, giving momentum to income streams...

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Cash App Embeds Afterpay Into App for BNPL
Cash App Embeds Afterpay Into App for BNPL
March 17, 2025  |  BNPL

Mobile payments provider Cash App says it has formed a pay later partnership with Afterpay. Beginning this week, Cash App customers will have access to Afterpay’s buy now,...

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Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
February 24, 2025  |  Alternative Credit

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional...

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Block Doubles Down on Banking Base as FinTech Competition Grows
Block Doubles Down on Banking Base as FinTech Competition Grows
February 20, 2025  |  Earnings

Jack Dorsey is no stranger to playing the long game. But Block, the financial services and digital payments company formerly known as Square, missed Wall...

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Square, Cash App and Visa Support Small Businesses With Technology
Square, Cash App and Visa Support Small Businesses With Technology
February 04, 2025  |  ResTech

Square, Cash App and Visa partnered with New Orleans nonprofit organization Propeller to provide local food and beverage businesses with technology and support to help...

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CE 100 Index Gains 2.1% as AI Excitement Leads Infrastructure Companies Higher
CE 100 Index Gains 2.1% as AI Excitement Leads Infrastructure Companies Higher
January 27, 2025  |  Connected Economy

The debut of the new presidential administration, the prospect of AI-friendly regulations and related infrastructure investments — and a planned investment of up to $500...

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CFPB: Block Must Pay $175 Million for Cash App’s ‘Weak Security Protocols’
CFPB: Block Must Pay $175 Million for Cash App’s ‘Weak Security Protocols’
January 16, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau ordered Cash App owner Block to pay $175 million to address security failures. Block must refund consumers up to $120...

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Block to Pay $80 Million to Settle AML Violation Allegations
Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025  |  Legal & Regulation

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that...

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