What is Block about?
Block (ASX:SQ2) (formerly Square, Inc.) is a global financial technology company that provides financial products and services to individuals and businesses. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and has grown to become a leader in digital payments, with over 43 million active Cash App users and over 64 million businesses using Square services as of 2020. Block's flagship product is Cash App, a mobile payment app that allows users to send and receive money, invest in stocks and cryptocurrency, and buy and sell goods and services. Block also offers a variety of other financial products and services to businesses, including point-of-sale hardware and software, e-commerce tools, and financing options. Block acquired buy now, pay later firm Afterpay for $29 billion, in what was Australia’s largest public M&A deal.
Is Block a public or private company?
How many people does Block employ?
What sector is Block in?
Where is the head office for Block?
California, United States
What year was Block founded?
Where does Block operate? Locations of Block global operations
- Global view
- San Francisco, United States
What are Block’s services?
Overview of Block offerings
Cash App: Cash App is a mobile payment app that allows users to send and receive money, invest in stocks and cryptocurrency, and buy and sell goods and services.
Square: Square is a platform that provides businesses with tools to start, run, and grow their businesses. These tools include point-of-sale hardware and software, e-commerce tools, and financing options.
Afterpay: A buy now, pay later company that allows consumers to purchase goods and services and pay for them in instalments.
Spiral: Spiral is a research and development team within Block that is building new products and services for the Bitcoin ecosystem.
TBD: TBD is an open source platform that enables developers to build products and services on decentralised technologies.
TIDAL: TIDAL is a music streaming service launched in 2014, which is now majority owned by Block Inc.
Who is in the Block executive team?
Block leadership team
- Mr. Jack DorseyCo-Founder, Block Head, Chairman & Pres
- Mr. James Morgan McKelvey Jr.Co-Founder & Director
- Ms. Amrita AhujaCFO & Treasurer
- Ms. Sivan WhiteleyCounsel Lead
- Ms. Alyssa H. HenrySquare Lead and Block Infrastructure & Information Security Lead
- Mr. Brian GrassadoniaCash App Lead
- Mr. Ajmere DaleChief Accounting Officer
- Mr. Jason LeeHead of Investor Relations