Block, Inc.: Financial Services and Technology Ecosystem
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Show Notes
The provided text is an excerpt from a Wikipedia article focusing on Block, Inc., formerly known as Square, Inc. This overview details Block's identity as an American financial services and technology company co-founded by Jack Dorsey, emphasizing its major shift in 2021 from Square to Block. The document systematically outlines the company's history, from its 2009 conception and early growth through its IPO and various acquisitions like Afterpay and Tidal. Crucially, it lists and describes Block's diverse portfolio of subsidiaries and products, including its core point-of-sale system (Square), consumer digital wallet (Cash App), and bitcoin-focused ventures (Bitkey and Proto). Finally, the source includes comprehensive financial data and covers controversies related to allegations of illegal activity and fraud on Cash App.