What is Cash App?

Question

What is Cash App?

Accepted Answer

Cash App is a mobile payment service developed by Block, Inc. (formerly Square, Inc.) that allows users to transfer money to one another, invest in stocks and Bitcoin, and receive direct deposits, functioning as a comprehensive financial ecosystem for over 57 million monthly transacting active users as of Q1 2025.

Cash App

What is Cash App?

What is Cash App, and how has its integration of Bitcoin and stablecoins transformed its role in the global payments landscape?

How does Cash App's business model generate revenue, and what are the key financial metrics related to its Bitcoin and P2P services?

Why is Cash App considered a significant disruptor in the traditional banking and financial services sector, particularly for younger demographics?

When should a user choose Cash App over other popular P2P payment and digital wallet platforms like Venmo or PayPal, considering its unique features like Boosts and investing?

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