Block, Inc.
Block, Inc. builds technology to increase access to the global economy, with each brand unlocking different aspects of the economy so that more people can participate.
At a Glance
- Small and medium businesses
- Gen Z and Millennial consumers
- Underbanked individuals
- Music artists and creators
- +1 more
AI Tools by Block, Inc.
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Latest News
Birch Coffee Expands NYC Footprint with Square as Its Commerce Foundation
GOLFTEC Tees Up Square’s Unified Commerce Platform Across 200+ Locations
Block boosts 2026 outlook, cuts workforce 40% citing AI automation
Block Inc. Joins S&P 500
Products & Services
A commerce and financial services platform for sellers, providing POS hardware, software for payments, inventory, payroll, and banking.
A consumer-focused digital wallet for sending, spending, and investing money, including Bitcoin and stock trading.
A 'buy now, pay later' service that allows customers to pay for purchases in four interest-free installments.
A global music and entertainment streaming platform focused on providing better compensation and tools for artists.
Market Position
Block positions itself as a 'financial ecosystem' rather than a single-product company, integrating seller services (Square), consumer finance (Cash App), and BNPL (Afterpay) to create a closed-loop financial network. It differentiates through design-led products and a strong focus on Bitcoin and decentralized finance.
Leadership
Founders
Jack Dorsey
Serial entrepreneur, co-founder and former CEO of Twitter. He co-founded Square (now Block) in 2009.
Jim McKelvey
Glass artist, inventor, and entrepreneur. Co-founded LaunchCode and serves as a director at Block.
Tristan O'Tierney
Software engineer and co-founder of Square. He was an early employee at Apple and Yahoo before co-founding Square. He passed away in 2019.
Executive Team
Jack Dorsey
Block Head, Chairman, and CEO
Co-founder of Block and Twitter. Leads the overall strategy and vision of the company.
Amrita Ahuja
Chief Financial Officer & Chief Operating Officer
Former CFO of Blizzard Entertainment; held leadership roles at Fox Networks Group, Walt Disney Company, and Morgan Stanley.
Board of Directors
Founding Story
The company was started after Jim McKelvey was unable to complete a $2,000 sale of his glass faucets because he couldn't accept a credit card payment. This inspired Jack Dorsey and McKelvey to create a simple way for small businesses to accept card payments using a smartphone.
Business Model
Revenue Model
Revenue is generated through transaction-based fees (Square), subscription and software services (Square POS, TIDAL), interest and interchange fees (Cash App, Afterpay), and Bitcoin trading spreads.
Pricing Tiers
Standard transaction fee for card-present payments.
Free to send/receive; fees for instant deposits or Cash Card transactions.
Merchants pay a percentage fee per transaction for providing BNPL services.
Target Markets
- Small and medium businesses
- Gen Z and Millennial consumers
- Underbanked individuals
- Music artists and creators
- Bitcoin enthusiasts
- Small and medium business payment processing
- Personal digital banking and money transfers
- Short-term consumer financing
- Bitcoin investment and custody
- Music artist monetization and fan engagement
- Bitcoin mining infrastructure
- Birch Coffee
- GOLFTEC
- Starbucks
- Over 4 million active sellers globally