Square has the highest gross margin across Block’s reported segments. The fact that outbound sales will play a greater role in Square’s seller acquisition efforts is an implicit admission that growth ...

Block crosses $200B lending mark with 97% Cash App repayment rate. Truist raises target to $72. Q4 earnings due Feb. 19.

Block-owned Square said Wednesday it’s adding new software features for its merchant clients, with revenue generation and automation in mind. Among the dozens of tools Square is rolling out: a tool ...

Block, Inc. faces intense competition and lacks clear leadership in the fintech sector, with limited synergy between its Cash App and Square segments. Recent strategic changes, including appointing ...

Phillip Securities upgraded Block in the aftermath of its earnings report last week. However, one Wall Street analyst is doubling down on the initial bullish response to the results, upgrading the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The new feature - set to start rolling out later this year - ...

Block CEO Jack Dorsey vows to more closely integrate Square, Cash App and Afterpay so the entities operate like a "social bank." After retaking day-to-day control as CEO of Square last fall, Jack ...

In a major case whose effects could ripple widely across the payments industry, Block Inc. has sued Visa Inc. and Mastercard Inc., alleging the global networks worked together to fix interchange fees ...

Jim McKelvey and Jack Dorsey launched Square, Inc., in 2009. Square changed its name to Block, Inc. in December 2021. Since 2017, the company's Cash App has allowed merchants to use Bitcoin in the ...