Cash App Borrow has a “historic loss rate” of less than 3%, according to Block. Customer eligibility and borrowing limits are ...

Block Inc. said its Square Financial Services industrial bank subsidiary received approval from the US Federal Deposit ...

Square Financial Services, Inc., the industrial bank of Block (XYZ), is expanding its lending capabilities after receiving ...

Block received approval from the Federal Deposit Insurance Corp. to offer a consumer loan product that is designed to provide consumers with short-term cash flows. Under the program, Cash App Borrow, ...

Block's financial performance in 2024 was marked by growing gross profit, which reached $8.89 billion. Read why I remain ...

Factors like cost, transfer speed and international capabilities all come into play when choosing the best method for transferring digital cash. Ahead, CNBC Select reviewed the best five apps for ...

But to hear Dorsey discuss the results, Block is successfully implementing a strategy of offering consumers the ability to pay businesses by smartphone, send money to friends through Cash App ...