Block news and trends

Embedded Lending Platforms Jump as Merchants Seek Working Capital

November 14, 2024
Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
Connected Economy // November 11, 2024

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...

Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
Earnings // November 07, 2024

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and Cash App, Block also counts the buy now, pay later service Afterpay; decentralized finance and Web3 platform TBD; Tidal, a...

Square Card Enters UK Amid Small Businesses Cash Flow Worries
Payment Methods // October 31, 2024

Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder Jack Dorsey’s Block — told CNBC Thursday (Oct. 31) that it had opened registration for Square Card in Great Britain. This marks the first...

Block Joins NIST Program to Promote Mobile Driver’s Licenses
Digital Identity // August 29, 2024

Block is working with the U.S. government to promote the use of digital identity tools. The FinTech conglomerate announced Thursday (Aug. 29) that it was working with the National Cybersecurity Center of Excellence (NCCoE), a division of the Commerce Department’s National Institute of Standards and...

Interviews & Exclusives
Embedded Lending Platforms Jump as Merchants Seek Working Capital

November 14, 2024
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. For the small to mid-sized businesses, signing on to some services (such as payments processing) provides an onramp to accessing funding, via capital solutions that can help them meet unplanned expenses, or grow their businesses. As has been spotlighted […]

Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher

November 11, 2024
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the...

Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky

August 08, 2024
For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum has been underscored in recent...

CE 100 Index Gains 0.4% as Coursera Jumps on Earnings

July 29, 2024
Excitement over artificial intelligence (AI) helped drive Coursera shares (and results) significantly higher this past week, while earnings began to trickle in for the CE 100 Index — and the...

Quick Reads
Square Card Enters UK Amid Small Businesses Cash Flow Worries

October 31, 2024
Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder Jack Dorsey’s Block — told CNBC Thursday (Oct. 31) that it had opened registration for Square Card in Great Britain. This marks the first time the business card will be available outside of North […]

Block Joins NIST Program to Promote Mobile Driver’s Licenses

August 29, 2024
Block is working with the U.S. government to promote the use of digital identity tools. The FinTech conglomerate announced Thursday (Aug. 29) that it was working with the National Cybersecurity...

Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement

August 11, 2024
Cash App users may be eligible for part of a multimillion-dollar settlement from the company. The payments platform and its parent Block agreed earlier this year to pay $15 million...

Cash App Exiting UK to Increase Focus on US

July 18, 2024
Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it was shutting down Cash App...