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Block - aVenture Company Research

Block

Block

Block

Public

Block, Inc. (NYSE: XYZ) builds technology expanding global economic access through Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto.

HQ

San Francisco, CA, US

Founded

2009

Block, Inc. (NYSE: XYZ), formerly Square, Inc., is a financial services and digital payments company founded in 2009 by Jack Dorsey and Jim McKelvey. The company operates two primary ecosystems: Square, which provides point-of-sale hardware, payment processing, banking services, and business software to merchants; and Cash App, which offers peer-to-peer payments, banking, investing, and consumer lending to individuals. Block also owns Afterpay (acquired 2022), a buy-now-pay-later platform serving 24M+ customers; TIDAL, a music streaming service; Bitkey, a self-custody bitcoin wallet; and Proto, a suite of bitcoin mining products.

The company is headquartered in Oakland, California, and employs approximately 6,000 people following a major AI-driven restructuring in February 2026. In Q1 2026, Block reported gross profit of $2.91 billion (+27% YoY), with Cash App gross profit up 38% and Square gross payment volume up 13%. The company raised full-year 2026 guidance to $12.33B gross profit and $3.34B adjusted operating income (27% margin).

Block

- Overview

Operating Status

Operating

Ownership Type(s)

Public

Technology

API, Payments

Block

- Operating Model

Model Types

Platform

Revenue Type(s)

Transactional Commission

Customer Type(s)

Individuals, SMB

Geographic Exposure

North America

Block - Similar Companies

Fiserv

fiserv.com

Toast

toasttab.com

Clover

Block - Quick Facts

Who are Block's competitors?

Companies similar to Block include Fiserv, Toast, Clover and Shopify.

When was Block founded?

Block was founded in 2009.

Where is Block's headquarters located?

Block's headquarters is located in San Francisco, CA, US.

When was Block's last funding round?

Block's most recent funding round was for $10.7M (USD) in May 2021.

How much has Block raised to-date?

As of May 5, 2021, Block has raised a total of $601.2M (USD).

Shopify

shopify.com

Adyen

adyen.com

PayPal

paypal.com

Stripe

stripe.com

Finix

finix.com

Shift4

shift4.com

Cash Abroad

cashabroad.one

Solid

solidfi.com

Banca.Me

banca.me

AlgoPay

How many employees does Block have?

Block has 6000 employees as of Feb 27, 2026.

Block - Products & Services

Square Payments

Square Payments helps sellers accept card, digital wallet, and other payments through Square.

Competing Products

Square Point of Sale

Square Point of Sale provides checkout, inventory, customer, and payment tools for sellers.

Competing Products

Cash App

Cash App is a mobile money app for peer payments, cards, investing, bitcoin, and banking services.

Competing Products