Full-Time
Confirmed live in the last 24 hours
Financial services and payment processing solutions
$263.6k - $395.4kAnnually
Expert
New York, NY, USA
Block Inc. specializes in financial services, providing a range of products designed to support small businesses and individual users. Its main product, Square, offers point-of-sale systems and payment processing solutions that help businesses manage transactions efficiently. The Cash App allows users to send money to each other, invest in stocks and Bitcoin, and use a customizable debit card for purchases. Block is also venturing into the music streaming industry with TIDAL and is focused on enhancing Bitcoin's utility and security through projects like Spiral and a dedicated hardware wallet. What sets Block apart from its competitors is its diverse ecosystem that integrates various financial services, making it easier for users to manage their finances in one place. The company's goal is to create a seamless and comprehensive financial experience for both businesses and consumers.
Company Size
10,001+
Company Stage
IPO
Total Funding
$477.1M
Headquarters
Oakland, California
Founded
2009
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Remote Work Options
Health Insurance
Flexible Work Hours
Family Planning Benefits
FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional banks. In doing so, and by offering a continuum of financial services, Block, Affirm, SoFi and PayPal, and are moving beyond the confines of commerce to become, in essence, banks themselves. The latest earnings reports from these firms underscore the increased use of cards, buy now, pay later (BNPL) and direct deposit activity tied to a single point of access (an app) that keeps customers transacting not only with merchants on the platforms, but off the platforms as well
Block is rolling out Afterpay on its Cash App card this week after a year of testing the buy now, pay later service.
Connecticut joins settlement with Cash App owner Block, Inc., for violations and security failures.
Udine Wealth Management Inc. invests $953,000 in Block, Inc. (NYSE:SQ).
Block Inc. has been fined $255 million over AML and fraud failures on its Cash App platform, with penalties imposed by state regulators and the CFPB.