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Block logo — Block builds simple, powerful tools that make progress towar...

Block

Block builds simple, powerful tools that make progress towards an economy that’s truly open to all.

Founded 1990 United States Oakland, United States 12423 employees Post-IPO Debt Total: $2.60B Crypto, Fintech +3

General Information

Company Name Block
Founded Year 1990
Location United States Oakland, United States
Founders / Decision Makers
Team member
Employees 12423
Industries Crypto, Fintech, Payments +2
Funding Stage Post-IPO Debt
Business Model B2C, Platform
Revenue Model Transaction Fee, Subscription, Product Sales
Social

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About Block

Block, founded in 1990 and headquartered in the United States, is at the forefront of economic empowerment through its innovative approach in the Crypto, Fintech, Payments, Productivity, and Retail industries. Their slogan, "Block builds simple, powerful tools that make progress towards an economy that’s truly open to all," encapsulates their mission to create an inclusive financial ecosystem.

The company operates as a conglomerate of various teams or "blocks" dedicated to functions like Finance, Legal Counsel, and Information Security, each supporting and enhancing corporate operations globally. This decentralized structure aids in developing holistic strategies for tackling challenges through diverse perspectives.

Block most recently secured a substantial $2.00B Post-IPO Debt investment on 06 May 2024, underscoring investor confidence and paving the way for further expansion in their tech-forward initiatives.

Business keywords: economic empowerment, technological tools, inclusive policies, information security, platform infrastructure, cross-disciplinary teams, corporate support, global operations, hardware development, business forecasting, legal counsel, system safeguarding, financial accessibility, innovation initiatives

Services & Products

Square
Cash App
Afterpay
TIDAL
Bitkey
Proto

Target Customers

Small Business Owners Consumers Retail Investors Developers Music Artists

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $2.00B -
06 May 2024
Post IPO Equity $10.67M -
05 May 2021
Post IPO Equity Undisclosed 1
TDM Growth Partners
TDM Growth Partners
01 Jan 2019
Series E $150.00M 8
Access Technology Ventures GIC Goldman Sachs
Access Technology Ventures, GIC +6
03 Oct 2014
Debt Financing $100.00M 5
Goldman Sachs
Goldman Sachs, Silicon Valley Bank +3
07 Apr 2014
Secondary Market Undisclosed 1
Employee Stock Option Fund
26 Aug 2013
Series D $200.00M 5
Citi Ventures Tuesday Capital Rizvi Traverse Management
Citi Ventures, Tuesday Capital +3
17 Sep 2012
Series C $3.00M 2
Virgin Group
Virgin Group, Notable Capital
09 Dec 2011
Series C $100.00M 1
Kleiner Perkins
Kleiner Perkins
28 Jun 2011
Series B $27.50M 3
Khosla Ventures Visa
Khosla Ventures, Visa +1
10 Jan 2011

View All 12 Funding Rounds

Latest News

View All
Stripe ve Advent, PayPal'ı satın alma teklifinden vazgeçti — Webrazzi
Stripe ve Advent, PayPal'ı satın alma teklifinden vazgeçti
Webrazzi Aug 28, 2026
Slack launches Slack Code, where teams and AI agents build together — Thenextweb
Slack launches Slack Code, where teams and AI agents build together
Thenextweb Aug 20, 2026
Patreon cut 20% of its staff. Its CEO insists AI isn’t replacing them. — Thenextweb
Patreon cut 20% of its staff. Its CEO insists AI isn’t replacing them.
Thenextweb Jul 24, 2026
Jack Dorsey’s Block takes on Slack with Buzz, a workspace for humans and AI agents — Thenextweb
Jack Dorsey’s Block takes on Slack with Buzz, a workspace for humans and AI agents
Thenextweb Jul 22, 2026
Jim Cramer says he needs 'cold hard' proof that AI is paying off — Cnbc
Jim Cramer says he needs 'cold hard' proof that AI is paying off
Cnbc Jul 15, 2026
Jack Dorsey’s Block settles Cash App fraud claims with 46 states for $45m — Thenextweb
Jack Dorsey’s Block settles Cash App fraud claims with 46 states for $45m
Thenextweb Jul 09, 2026

Block Alternatives & Competitors

Block vs
Zip Co
Zip Co Australia

Unlocking financial potential, together.

IPO
1012 employees
Finance, Financial Services
Block vs
Venmo
Venmo United States

At Venmo, we’re working to build a payment experience that's simple, delightful and connected. Since...

Series A
702 employees
Finance, Fintech
Block vs
Riverty
Riverty Germany

A new era of economic freedom.

2294 employees
B2B, E-Commerce

FAQ About Block

Block builds simple, powerful tools that make progress towards an economy that’s truly open to all.
Block was founded in 1990.
Block is headquartered in Oakland, United States.
Block operates in Crypto, Fintech, Payments, Productivity and Retail. Its work centres on economic empowerment, technological tools, inclusive policies and information security. Its customers include Small Business Owners, Consumers and Retail Investors.
Block has a B2C and Platform business model. Its revenue comes from Transaction Fee, Subscription and Product Sales.
Block has approximately 12423 employees.
Block has completed 12 funding rounds, raising a total of $2.60B. The latest funding stage is Post-IPO Debt.
Block offers: Square, Cash App, Afterpay, TIDAL, Bitkey, Proto.
Top alternatives and competitors to Block include Zip Co, Venmo, Riverty, Ziina زينة, ZeGid. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Block and Zip Co are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Block, https://bouncewatch.com/company/block, updated 19 May 2026. When citing, please name BounceWatch and link this page.

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