Block, Inc.

Block, Inc. builds technology to enable individuals and businesses to participate more fully in the economy, focusing on economic empowerment by providing tools to manage, move, and grow money. The company designs and operates connected ecosystems that integrate commerce solutions, financial services, software, hardware, and networks for individuals and small businesses. These ecosystems primarily include Cash App's consumer network and Square's business ("seller") network. Block's platform integrates payments, banking, lending, and commerce solutions, utilizing data, automation, and AI to enhance product speed, accuracy, and usability. Both seller and consumer ecosystems share common infrastructure for payments processing, risk management, identity, and data, allowing customers to access multiple products. Block invests in capabilities like embedded financial services, automation, and open protocols such as Bitcoin to improve interoperability and efficiency. The Square ecosystem, started in February 2009, initially enabled businesses to accept card payments. It has since expanded into a comprehensive commerce ecosystem offering more than 30 distinct products and services. These products combine commerce solutions, financial services, and bitcoin capabilities to help sellers start, run, and grow their businesses.