Block

Block, Inc. (formerly Square, Inc.) is a U.S. financial technology conglomerate founded by Jack Dorsey and Jim McKelvey in 2009. The company's inaugural product, Square, revolutionized point-of-sale transactions by enabling the use of smartphones or tablets as credit card processing registers. Block's portfolio now includes a range of services such as Cash App, which offers peer-to-peer transactions, direct deposits, and investment options; Afterpay, a buy now, pay later service; TBD, a decentralized platform targeting 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, Block processes payments worth $228 billion annually, making it a significant player in the financial technology sector.