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 to Pay Cash App Users Up to $2,500 in Data Breach Settlement
Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
August 11, 2024  |  Cybersecurity

Cash App users may be eligible for part of a multimillion-dollar settlement from the company. The payments platform and its parent Block agreed earlier this...

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Marqeta Processing Volumes Surge 32%
Marqeta Processing Volumes Surge 32%
August 07, 2024  |  Earnings

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted...

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Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
August 01, 2024  |  Earnings

The theme of digital-first infrastructure and value-added services built atop it is one that Block, owner of Cash App, Square, and Tidal, leaned into during Thursday’s...

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Cash App Integrates With Google Play to Attract Gamers
Cash App Integrates With Google Play to Attract Gamers
July 18, 2024  |  Digital Payments

Cash App has integrated with Google Play to offer more checkout options on Android devices. The partnership, announced Thursday (July 18), is designed to help...

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Cash App Exiting UK to Increase Focus on US
Cash App Exiting UK to Increase Focus on US
July 18, 2024  |  Payment Methods

Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...

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Block Says Bitcoin Holdings Allow It to Study Technology’s Potential
Block Says Bitcoin Holdings Allow It to Study Technology’s Potential
June 27, 2024  |  Cryptocurrency

One motivation for Block’s investment in bitcoin is to learn about the technology and how to use it. The company invests 10% of its gross...

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P2P Payments Bring Convenience and Flexibility to Retail
P2P Payments Bring Convenience and Flexibility to Retail
June 03, 2024  |  Retail

Peer-to-peer (P2P) payments are revolutionizing the retail landscape, with major players ranging from Starbucks to eBay embracing the capability to offer consumers more convenient and...

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Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
May 03, 2024  |  Loans

For Block and for PayPal, the headlines gleaned from earnings may be about bitcoin, about gross payment volumes and the continued shift to digital transactions....

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Block Sees Both Banking and Bitcoin Driving Future Growth 
Block Sees Both Banking and Bitcoin Driving Future Growth 
May 02, 2024  |  Earnings

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  This, as the company’s latest first quarter 2024 earnings results revealed that the company’s $200 million investment...

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