Block, Inc.

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. Its business is organized into two segments: Square and Cash App.

The Square segment offers managed payment services. Its portfolio also includes software solutions, hardware products, such as registers, terminals, stands, and readers for contactless and chips, banking services consisting of lending, instant transfer, and checking and savings accounts, and full-service setup and support services.

This segment also provides loyalty, marketing, team management, and payroll services; and gift cards, as well as Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage.

Its portfolio also includes Cash App Card, a debit card, Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels, direct deposit, stock brokerage, and tax preparation services, and Afterpay, a buy now, pay later platform.

Additionally, it operates TIDAL, a platform for musicians and fans. Its portfolio also includes TBD, an open developer platform focused on making the decentralized financial world accessible, Bitkey, a self-custody bitcoin wallet, and proto. Formerly known as Square, Inc., the company rebranded as Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.