Block

Block operates a multi-product fintech model. On the merchant side, it provides payment processing, POS software, hardware, commerce tools and related business services to sellers. On the consumer side, it monetises Cash App and related financial services through payment-related fees, interchange, spreads and service charges. Afterpay extends the model into BNPL by helping merchants increase conversion while charging merchant-side fees. TIDAL adds a subscription media business, while bitcoin initiatives support ecosystem development and product expansion.

Block is a public financial technology company best known for operating Square, Cash App and Afterpay. Its businesses span merchant payment acceptance, point-of-sale and commerce software, consumer peer-to-peer payments and stored-value services, instalment financing, music streaming and bitcoin-related products. The company generates most of its revenue from transaction-driven financial flows, merchant software and related service fees, with additional revenue from subscription products and consumer financial services.