Block announced it’s selling its Cash App Score to third-party lenders. It could be one of the more interesting ...
Block is expanding consumer lending through Cash App Borrow, announcing on Thursday that it obtained FDIC approval to issue loans out of its banking subsidiary. Growth has slowed at the company, and ...
Block is reportedly considering layoffs affecting up to 10% of its workforce as it restructures operations, integrates Cash App with Square and expands Bitcoin mining and AI projects.
Block shows strong growth in gross profits and operating margins, driven primarily by the Cash App segment's accelerating momentum. The Cash App segment saw a 6 PP gross profit growth acceleration ...
Block’s monetization rate reached an all-time high in Q4. Management intends to live by its 12,000-employee cap for years. Block's balance sheet position and cash flow profile have never been better.
Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers. That’s according to an internal memo from CEO ...
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