Block, Inc. is an American financial services and digital payments company based in San Francisco, California. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first platform in 2010.
Stock price for Square/Block right now at 4:45 1/6/22 is $144.66
Square/Block owns Cash App, Cash App is a mobile payment service developed by Block, Inc. that allows users to transfer money to one another using a mobile phone app. The service is only available in the US and the UK. In September 2021, the service reported 70 million annual transacting users and has generated $1.8 billion in gross profit.
Just think when Cash App opens to more countries that $1.8 billion gone jump and it's stock gone take-off. I own Square/Block and Pay pal.
Who is Jack Dorsey he a an American technological entrepreneur and philanthropist who is the co-founder and former CEO of Twitter, as well as the founder and CEO of Block, Inc., a financial payments company.
With Jack Dorsey stopping down at Twitter he can focus on Square/Block.