Block, Inc.

Block, Inc.
FormerlySquare, Inc. (2009–2021)
Company typePublic
ISINUS8522341036
Industry
FoundedFebruary 14, 2009 (2009-02-14)
Founder
HeadquartersNo headquarters:16
Area served
95 countries
  • United States
  • Argentina
  • Australia
  • Belgium
  • Canada
  • Finland
  • France
  • India
  • Italy
  • Japan
  • Luxembourg
  • Mexico
  • New Zealand
  • Nigeria
  • Republic of Ireland
  • Spain
  • The Netherlands
  • United Kingdom and others
Key people
Products
List of products
  • Square
  • Cash App
  • Afterpay
  • Bitkey
  • Proto
  • Tidal
Services
List of services
  • Electronic point of sale
  • E-commerce management
  • Small business financing
  • Digital wallet
  • Personal loan
  • Buy now, pay later
  • Investing in stocks, bitcoin
  • Bitcoin wallet
  • Bitcoin mining
  • Music streaming
Revenue US$24.12 billion (2024)
US$892 million (2024)
US$2.9 billion (2024)
Total assets US$36.78 billion (2024)
Total equity US$21.27 billion (2024)
OwnerJack Dorsey (10%)
Members
  • 57 million consumers
  • 4 million sellers
 (2024)
Number of employees
11,372 (2024)
Subsidiaries
List of subsidiaries
Websiteblock.xyz
Footnotes / references

Block, Inc. (formerly Square, Inc.) is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.

Block's inaugural product Square, launched in 2009, is a point-of-sale system. It allows sellers to accept card payments and manage operations, including bookings, e-Commerce, inventory, payroll, banking, and obtaining business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused digital wallet introduced in 2013. This app allows users to send, receive, save or borrow money, access a debit card, invest in stocks and bitcoin, and file taxes. Block also owns Afterpay, a buy now, pay later business; Bitkey, a self-custody bitcoin wallet; Proto; a bitcoin mining system; and Tidal, a music streaming business.