Block (formerly Square) company
Overview
Block, formerly Square, is a financial services and mobile payment company founded by Jack Dorsey and Jim McKelvey. It provides point-of-sale hardware, software, and peer-to-peer payment services like Cash App, and expanded into blockchain and crypto initiatives after rebranding in 2021.
Within the DeFi Intel graph, Block (formerly Square) connects to 1 tracked entity, most strongly to NY DFS BitLicense.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | NY DFS BitLicense | 90% |
Frequently asked questions
What is Block (formerly Square)?
Block, formerly Square, is a financial services and mobile payment company founded by Jack Dorsey and Jim McKelvey. It provides point-of-sale hardware, software, and peer-to-peer payment services like Cash App.
Who regulates Block?
Block is regulated by the New York Department of Financial Services under the BitLicense.
When did Block rebrand from Square?
Block rebranded from Square in 2021, expanding into blockchain and crypto initiatives.