Block, Inc.
| Formerly | Square, Inc. (2009–2021) |
|---|---|
| Company type | Public |
| ISIN | US8522341036 |
| Industry | |
| Founded | February 14, 2009 |
| Founder |
|
| Headquarters | No headquarters: 16 |
Area served | 95 countries
|
Key people | |
| Products | List of products
|
| Services | List of services
|
| 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) |
| Owner | Jack Dorsey (10%) |
| Members |
|
Number of employees | 11,372 (2024) |
| Subsidiaries | List of subsidiaries
|
| Website | block |
| 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.