Block

Block, Inc. (formerly known as Square, Inc.) is an American financial technology conglomerate co-founded by Jack Dorsey and Jim McKelvey in 2009. Initially known for its Square product, which revolutionized point-of-sale transactions by empowering businesses to accept credit card payments using smartphones or tablets, Block has since expanded its offerings to include a diverse portfolio of services.Today, Block's comprehensive suite of products encompasses Cash App, a platform facilitating peer-to-peer transactions, direct deposits, and investment options; Afterpay, a buy now, pay later solution; TBD, a decentralized platform focusing on Bitcoin and decentralized finance; Bitkey, a self-custody Bitcoin wallet service; and Tidal, a subscription-based music streaming service.With over 56 million users and 4 million businesses relying on its services, Block processes an impressive $228 billion worth of payments annually, solidifying its position as a significant player in the financial technology industry.