Block Inc. (Cash App)
Block, Inc. is an American multinational technology conglomerate co-founded by Jack Dorsey and Jim McKelvey in 2009. Headquartered in San Francisco, California, the company is best known for its suite of financial services, including the widely-used Cash App, Square, Spiral, TIDAL, and TBD. Originally established as Square, Inc., the company was renamed Block, Inc. in December 2021 to reflect its growing ecosystem beyond point-of-sale products and payment processing.
Cash App, one of Block’s flagship products, is a mobile payment service that allows users to transfer money, invest in stocks, and buy Bitcoin. Block also offers business solutions through Square, its original platform focused on enabling small and medium-sized businesses to process payments, manage sales, and access business analytics.
Block, Inc. has expanded its portfolio to include music streaming through TIDAL and decentralized financial services via Spiral and TBD. The company is publicly traded on the New York Stock Exchange under the ticker symbol “SQ.” Jack Dorsey, who is also a co-founder and former CEO of Twitter, serves as the CEO of Block, Inc. The official website for the company is block.xyz. Block maintains an active social media presence, including on X (formerly Twitter) at @blocks.
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