Block, Inc.

Block, Inc.
	Former headquarters in the Mid-Market neighborhood of San Francisco
Formerly	Square, Inc. (2009–2021)
Company type	Public
Traded as	NYSE: SQ (Class A); Russell 1000 component; ASX: SQ2 (Block Inc CDI);
Industry	Financial services; Mobile payment; Point of sale;
Founded	February 14, 2009 in St. Louis, Missouri, U.S.
Founder	Jack Dorsey; Jim McKelvey; Tristan O'Tierney;
Headquarters	No headquarters
Area served	95 countries including United States, Canada, Australia, Japan, United Kingdom, Ireland, France, Spain
Key people	Jack Dorsey (Chairperson, principal executive officer); Jim McKelvey (Director);
Products	Square (POS terminal and auxiliary equipment), Cash App (peer to peer money transfer app), Bitkey (self-custody Bitcoin hardware wallet)
Services	Cash App; Square; Bitkey;
Revenue	US$17.53 billion (2022)
Operating income	−US$625 million (2022)
Net income	−US$541 million (2022)
Total assets	US$31.36 billion (2022)
Total equity	US$17.22 billion (2022)
Owner	Jack Dorsey (10%)
Number of employees	12,428 (2022)
Subsidiaries	Weebly; Tidal (86.8%); Afterpay;
Website	block.xyz
	Footnotes / references;

Block, Inc. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey. Named Square, Inc. until 2021, it owns various businesses within the financial technology sector. Block’s service network reaches 95 countries, reporting nearly 51 million users and 4 million merchant clients as of 2023.

Block's inaugural product Square, launched in 2009, is a financial services platform for small and medium-sized businesses. Square enables the use of smartphones or tablets as point-of-sale registers for processing credit card payments, and facilitates operations such as customer bookings, e-Commerce, inventory, payroll, shift schedules, banking, and borrowing business loans. Additionally, Block’s portfolio includes Cash App, a consumer-focused app introduced in 2013. This app offers peer-to-peer transactions, direct deposits, a savings account, a debit card, investing in stocks and Bitcoin, a tax filing service, and personal loans. Block also owns Afterpay, a buy now, pay later service; TBD, a decentralized platform targeting Bitcoin and decentralized finance; Bitkey, a self-custody Bitcoin hardware wallet; Tidal, a subscription-based music streaming service; and Weebly, a web hosting provider.

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