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Cash App logo — company profile

Cash App

Founded 2013 United States New York, United States 4143 employees Pre-Seed Total: $10.00M Crypto, E-Commerce +2

General Information

Company Name Cash App
Founded Year 2013
Location United States New York, United States
Employees 4143
Industries Crypto, E-Commerce, Financial Services +1
Funding Stage Pre-Seed
Business Model B2C, Platform, E Commerce
Revenue Model Transaction Fee, Commission, Service Fee
Social

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About Cash App

Cash App, founded in 2013, has evolved from a peer-to-peer payment tool into a comprehensive financial ecosystem, serving over 50 million monthly active customers. Positioned in multiple industries such as Crypto, E-Commerce, Financial Services, and Payments, the company is headquartered in the United States.

Initially nurtured by Block, the platform's growth trajectory includes innovative products like Afterpay. Cash App's mission to transform financial accessibility is supported by a global, distributed workforce that emphasizes innovation and impactful collaboration.

Their most recent capital injection, a $10.00M Pre Seed Round on April 4, 2018, saw investment from Simon Marquez. This robust foundation and strategic positioning highlight Cash App's potential to redefine financial interactions worldwide, making it an appealing prospect for investors seeking opportunities in fintech evolution.

Services & Products

Mobile app for financial transactions
Cash App Card for payments and withdrawals
Commission-free stock trading
Bitcoin buying and selling
Free tax filing services
Savings account with interest
Afterpay payment options

Target Customers

Individuals seeking digital banking solutions Teens needing secure debit card access Users interested in cryptocurrency Consumers looking for cashback rewards People interested in personal finance management Individuals needing early paycheck access Customers utilizing P2P money transfer services

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $10.00M 1
Simon Marquez
04 Apr 2018

Latest News

View All
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
Inside the Rolling Layoffs at Jack Dorsey’s Block — Wired
Inside the Rolling Layoffs at Jack Dorsey’s Block
Wired Feb 19, 2026
Block sinks 10% after weak third quarter results miss Wall Street estimates — Cnbc
Block sinks 10% after weak third quarter results miss Wall Street estimates
Cnbc Nov 07, 2025
ShopBack Taps Carolina Paradas to Drive U.S. Expansion Plans — Fintechnews.sg
ShopBack Taps Carolina Paradas to Drive U.S. Expansion Plans
Fintechnews.sg Sep 29, 2025
ShopBack Names Fintech Veteran Carolina Paradas as U.S. General Manager Following Profitability Mile... — Prnewswire.com
ShopBack Names Fintech Veteran Carolina Paradas as U.S. General Manager Following Profitability Milestone
Prnewswire.com Sep 24, 2025
Cash App opens up to Apple Pay and Google Pay for the first time — Cnbc
Cash App opens up to Apple Pay and Google Pay for the first time
Cnbc Jul 29, 2025

Cash App Alternatives & Competitors

View All Alternatives
Cash App vs
C24 Bank GmbH
C24 Bank GmbH Germany

Deutschlands bestes Girokonto

361 employees
Financial Services, Payments
Cash App vs
Boundlesspay (Adaverse ‘23)
Boundlesspay (Adaverse ‘23) United Kingdom

Boundlesspay is a secure application that turns your cell-phone into a blockchain powered mobile ban...

Pre-Seed
32 employees
Blockchain, Crypto
Cash App vs
Wave Mobile Money
Wave Mobile Money Senegal

Wave is building a cashless Africa in Senegal, Côte d'Ivoire, Uganda, Burkina Faso, Gambia & Mali. F...

5271 employees
Financial Services, Fintech
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FAQ About Cash App

It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay, to provide a better way to send, spend, invest,...
Cash App was founded in 2013.
Cash App is headquartered in New York, United States.
Cash App operates in Crypto, E-Commerce, Financial Services and Payments. Its customers include Individuals seeking digital banking solutions, Teens needing secure debit card access and Users interested in cryptocurrency.
Cash App has a B2C, Platform and E Commerce business model. Its revenue comes from Transaction Fee, Commission and Service Fee.
Cash App has approximately 4143 employees.
Cash App has completed 1 funding round, raising a total of $10.00M. The latest funding stage is Pre-Seed.
Cash App offers: Mobile app for financial transactions, Cash App Card for payments and withdrawals, Commission-free stock trading, Bitcoin buying and selling, Free tax filing services, Savings account with interest, Afterpay payment options.
Top alternatives and competitors to Cash App include C24 Bank GmbH, Boundlesspay (Adaverse ‘23), Wave Mobile Money. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cash App and C24 Bank GmbH 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 Cash App, https://bouncewatch.com/company/cash-app, updated 14 December 2025. When citing, please name BounceWatch and link this page.

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