Latest Cash App News

Block delivered a stronger-than-expected third quarter, lifting its 2026 guidance after gross profit rose 22% and adjusted operating income nearly doubled. The fintech is also placing a substantial bet on AI, lending and the connection between Square sellers and Cash App users.

Block, Inc. delivered a robust Q2 2026 with 25% gross profit growth, driven by strong Cash App and Square performances, and raised its full-year guidance reflecting accelerating AI integration and hardware innovation.

Block, Inc. reported a robust Q1 2026 with AI-powered productivity gains, strong Cash App and Square growth, and a $5 billion share buyback boost. Despite a GAAP net loss due to restructuring and legal costs, the fintech giant raised its full-year outlook, signaling confidence in its AI-led transformation.

ECP Emerging Growth Limited’s portfolio plunged 19.4% in the March quarter, dragging its net tangible asset value down by nearly 30%, as growth stocks stumbled amid geopolitical tensions and rising rates. The fund added furniture retailer Koala Company and sees value in its resilient holdings despite the rough patch.

Block, Inc. reported robust financial results for 2025, driven by Cash App and Square growth, while announcing a significant workforce reduction to accelerate AI-driven innovation and efficiency.

Airtasker Limited showcased strong FY25 financials and unveiled aggressive growth plans in the UK and US, supported by strategic media partnerships and core platform investments.

Block, Inc. reported a modest 2% revenue increase in Q3 2025 driven by growth in its Cash App and Square segments, alongside a $461.5 million net income. The company issued $2.2 billion in senior notes and repurchased $1.5 billion in stock, while navigating ongoing regulatory scrutiny and legal challenges.

Block, Inc. reported robust Q3 2025 results, driven by strong Cash App and Square performance, and raised its full-year guidance. The company’s AI innovations and expanding BNPL offerings are key growth engines.

Airtasker Limited reported a robust FY25 with marketplaces revenue growth accelerating to 18.3%, positive free cash flow, and significant expansion in the UK and US markets. Strategic media partnerships and brand investments underpin this momentum as the company sets sights on further growth in FY26.

Airtasker Limited is set to release its FY25 financial results on 28 August 2025, accompanied by an investor webinar featuring CEO Tim Fung and CFO Mahendra Tharmarajah. The announcement comes as the company highlights its new partnership with the Visa Cash App Racing Bulls Formula One Team.

Block, Inc. reported a 2% decline in net revenue for Q2 2025, driven by lower bitcoin revenue despite growth in transaction and subscription services. The company posted strong net income and continued its $4 billion share repurchase program.

Block, Inc. reported a robust second quarter with 14% year-over-year gross profit growth, driven by strong performances from Cash App and Square. The company raised its full-year guidance, highlighting strategic expansions in peer-to-peer payments, AI tools, and bitcoin integration.