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