Block, Inc.

Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions.

Block, Inc. serves customers in the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. It was incorporated in 2009 and is based in San Francisco, California. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. It has grown significantly since its inception, with more than 30 million customers worldwide and over 4 million sellers using its services. The company has made a number of acquisitions in recent years, including the acquisition of Weebly in 2018, and the acquisition of Zesty, a restaurant software provider, in 2020. Block, Inc. has also launched a number of new products, including the Cash App, which has become one of the most popular mobile payment platforms in the world. The company has also launched Square Capital, a financial services arm, to provide financing to small businesses.