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Block builds a broad financial services ecosystem. Its Square product handles point-of-sale and payment processing for small businesses. Cash App lets people transfer money, invest in stocks and Bitcoin, and use a customizable debit card. Block also owns TIDAL and develops Bitcoin tools (Spiral) and a hardware wallet to expand use and security. The goal is to provide an integrated platform for payments, consumer finance, digital currencies, and services like music streaming.
Industries
Consumer Software
Fintech
Crypto & Web3
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Oakland, California
Founded
2009
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Total Funding
$7.7B
Above
Industry Average
Funded Over
10 Rounds
Remote Work Options
Health Insurance
Flexible Work Hours
Family Planning Benefits
Cathie Wood's Ark Invest purchased $37.4 million in Block Inc. shares on Monday, distributing 456,059 shares across three exchange-traded funds. The flagship ARK Innovation ETF received $15.7 million worth, whilst the ARK Next Generation Internet ETF and ARK Fintech Innovation ETF acquired $7.2 million and $14.5 million respectively. The purchase followed Block's second-quarter earnings report, which showed $3.17 billion in gross profit, up 25% year-on-year. The company raised its 2026 gross-profit forecast to $12.51 billion, representing 21% annual growth. Jack Dorsey co-founded Block in 2009. The firm operates the Square merchant platform, Cash App, and develops Bitcoin mining hardware. Block shares closed down 3.23% at $80.20 on Monday. Ark also bought $3.36 million in Circle Internet Group shares through its fintech fund.
Anthony Eisen, director of Block, Inc., sold 18,000 shares between 25 and 26 August 2026 for $1.5 million, according to an SEC Form 4 filing. The transactions were executed under a Rule 10b5-1 plan adopted on 2 March 2026, which allows insiders to schedule trades in advance. Following the sale, Eisen retains approximately 1,471,000 shares valued at $124.79 million as of 27 August 2026. Block reported trailing twelve-month revenue of $25 billion and net income of $357.1 million, supporting a market capitalisation of $49.5 billion. The company's shares produced a 7% total return over the year ending 27 August 2026. Block provides payment processing infrastructure and merchant solutions for businesses of all sizes.
Block's local commerce network adds 30,000 sellers. By PYMNTS | August 25, 2026 Block's local commerce network, Neighborhoods, has added 30,000 more sellers, the company said in a Tuesday (Aug. 25) press release. Neighborhoods connects sellers who use Block's Square with customers who use the company's Cash App, according to the release. The program is built into Square Point of Sale and Square Terminal and is designed to help local businesses earn repeat visits. It enables customers to earn Local Cash equal to 10% of their order subtotal, up to $10 per order, on qualifying purchases with participating Neighborhoods sellers. They can then redeem the Local Cash on a future visit, the release said. Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks! Participating sellers appear in Cash App, on a map in the Neighborhoods tab, so that customers can discover and follow businesses they select. When customers follow a business, the seller can reach them directly with marketing campaigns through Cash App, per the release. "Neighborhoods helps local businesses get discovered by new customers and then turn that first visit into a lasting relationship," Owen Jennings, executive officer and head of business at Block, said in the release. "We're seeing a business's most loyal customers come back more often and spend more, which creates the repeat behavior that helps local businesses grow and thrive." Block announced the launch of Neighborhoods on Cash App in October, saying the company aimed to create a neighborhood network that connects the local businesses that use Square and the consumers who use Cash App. The company said Neighborhoods on Cash App provides sellers with their own branded storefront on the open web and inside Cash App, and enables consumers to order ahead, reorder, earn rewards and stay connected. "For sellers, it's everything you'd want in your own mobile application - without the complexity or overhead of maintaining it across multiple platforms," Brian Grassadonia, ecosystem lead at Block, said at the time in a press release. PYMNTS reported in May that with Neighborhoods, Block aims to deepen the ties between merchants and consumers. At that time, sellers representing $320 million in annualized gross payment volume (GPV) were participating in the program, and more than 100,000 Cash App accounts were following at least one Neighborhoods seller. Block said in its Tuesday press release that as of June, Neighborhoods had scaled to sellers representing $1 billion in annualized GPV.
Global Payments hits the road amid small business battle. Global Payments launches a mobile demonstration tour to show retailers how integrated commerce and financing tools work in real-world settings. Curated by Financing Your Way from original reporting by American Banker - Top News. Summary is AI-assisted and editorially reviewed - see its editorial standards. Global Payments is taking a new approach to win over small business owners by physically bringing their commerce technology to your doorstep. The company launched 'Genius World,' a mobile demonstration suite designed to show retailers how integrated payment systems and point-of-sale tools work in real-world scenarios. This move signals a shift in the industry toward 'embedded finance,' where financing options and payment processing are no longer separate tools but are woven directly into your daily operations. For retailers, this means the competition between major payment processors like Global Payments, Fiserv, and Block is heating up. These companies are no longer just fighting over transaction fees. They are competing to be the single platform where you manage inventory, customer loyalty, and - most importantly - consumer financing at the point of sale. The goal of this tour is to prove that modern payment hardware can do more than just swipe cards; it can help you offer flexible payment terms to customers without the administrative headache of juggling multiple vendors. If you are looking to upgrade your checkout experience, keep an eye out for these localized demonstrations as an opportunity to test-drive integrated financing tools before committing to a new contract. Who else is covering this
Cash App adds XRP, SOL and ETH via Moonpay for 59M users. Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app's 59 million users access to tokens that Block has never listed directly on its own platform. Key takeaways. * Cash App's 59 million users can now buy XRP, solana, ether, and USDT via Moonpay. * The integration, launched August 18, lets users fund external wallets like Bitcoin.com's. * Cash App's crypto lineup had been limited to bitcoin and USDC before this expansion. A major expansion for Cash App's crypto lineup. Cash App has integrated Cash App Pay as a funding method inside Moonpay's checkout, letting eligible U.S. users purchase XRP, solana, ether, and USDT by routing payment straight from their Cash App balance. The move is notable because Block, Cash App's parent company, has never listed these tokens directly within its own app; instead, MoonPay handles the purchase and can send the assets to an external wallet of the user's choosing. In sum, Cash App customers can now access tokens the platform itself has never supported. Bitcoin.com News has followed Cash App's crypto features closely over the years, from the rollout of its 'Paid in Bitcoin' payroll conversion to its BTC roundup and Lightning Network receive tools. Until now, however, direct crypto purchases inside Cash App had stayed limited to bitcoin, with USDC added only earlier this year. Consequently, routing through Moonpay effectively lets Cash App offer a far broader token selection without having to build out listing and custody infrastructure for each asset itself. Cash App Pay joins a growing list of funding options. Cash App Pay is now the third major payment method Moonpay supports for funding crypto purchases, joining Paypal, added in 2024, and Venmo. Once a purchase is made, Moonpay can deliver the tokens to a range of external wallets, including Trust Wallet, Bitcoin.com, Metamask, Moonshot, Ledger, Bitpay, Uniswap, Tangem, LOBSTR, and Edge, giving Cash App's tens of millions of users a direct path into self-custody wallets rather than keeping funds parked inside Cash App itself. Moonpay co-founder and CEO Ivan Soto-Wright called the integration a distribution play as much as a product update, adding: Cash App is where tens of millions of Americans already manage their money. This integration means that those users can access the digital asset ecosystem, funded instantly from an app they already know and trust. With Cash App reporting 59 million active users as of June, the integration hands Moonpay one of the largest fintech user bases in the country as a funnel into crypto purchases. XRP's growing list of mainstream on-ramps. The addition is also the latest example of XRP expanding its footprint across mainstream financial apps in 2026. Earlier this year, SoFi added XRP deposit support, with Ripple posturing the move as part of a broader push toward giving more users direct access and utility. XRP has also landed inside Rakuten Wallet, reaching more than 5 million merchants through that integration in Japan. Each new on-ramp adds a mainstream distribution channel that doesn't depend on a standalone crypto exchange, a trend Cash App's Moonpay integration now extends to one of the largest peer-to-peer payment apps in the U.S. Lastly, it bears mentioning that the expansion comes after a rockier stretch for Cash App's crypto compliance record. To this point, Block was fined $40 million by New York regulators over compliance failures tied to Cash App's bitcoin and fiat transaction monitoring, including reports that the company had ignored roughly 169,000 compliance alerts. Yesterday Neutral Last Week Fear Last Month Fear How do you feel about the market today?
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Industries
Consumer Software
Fintech
Crypto & Web3
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Oakland, California
Founded
2009
Find jobs on Simplify and start your career today