Block’s (NYSE:XYZ) newest lending feature inside Cash App, the ability to convert recent Cash App Card purchases into installment plans, has scaled quickly since launching in February and could become ...
Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter ...
Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...
Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...
The financial tech company is required to pay at least $75 million to Cash App customers and $55 million to a government-run penalty fund under a Thursday order from the Consumer Financial Protection ...
Fintech Block (NYSE:XYZ) said on Tuesday that its unit Cash App is launching pools, a new peer-to-peer payment feature that enables group payments. Organizers can start a pool through the Cash App ...
The Square segment reported a 9% increase in gross profit, supported by a 12% rise in Gross Payment Volume/GPV. Growth was ...