Cash App

Cash App
FormerlySquare Cash
Available inEnglish
Area servedU.S.
Created by
IndustryDigital wallet
Services
  • Peer-to-peer payment
  • Savings account
  • Debit card
  • Investing in stocks, bitcoin
  • Tax filing
  • Personal loan
RevenueIncrease $14.7 billion (2023)
ParentBlock, Inc.
URLhttps://cash.app
UsersIncrease 57 million users (2024)
LaunchedOctober 2013; 11 years ago (2013-10)
Current statusActive

Cash App (formerly Square Cash) is a digital wallet service for American consumers.[1] Launched by Block, Inc. in 2013, it allows users to send, receive or save money, access a debit card, invest in stocks or bitcoin,[2] apply for personal loans,[3] and file taxes.[4] As of 2024, Cash App reports 57 million users and $14.7 billion in annual revenue.[5][6]

  1. ^ Alfaro, Isabel Peña (2024-08-23). "What is Cash App & How Does It Work?". Time. ISSN 0040-781X. Retrieved 2024-09-26.
  2. ^ Papandrea, Dawn (2023-08-28). "How to Use Cash App". U.S. News & World Report. Retrieved 2024-02-05.
  3. ^ "Cash App Borrow: How To Borrow Money on Cash App". GOBankingRates. 2020-12-11. Retrieved 2024-02-05.
  4. ^ Jones, Jenn (2024-01-25). "Best tax software of February 2024". USA TODAY Blueprint. Retrieved 2024-02-05.
  5. ^ Sigalos, MacKenzie (2024-05-02). "Block shares jump on better-than-expected first-quarter results". CNBC. Retrieved 2024-05-20.
  6. ^ Block, Inc. (2024-02-22). "Form 10-K for the fiscal year ended December 31, 2023" (PDF).