Block’s $27 Billion Cash App Borrow Business Changes Profit Breakdown
NEW YORK, July 15, 2026, 13:10 EDT Cash App Borrow logged over $27 billion in originations during the year ending in March, with usage by more than 15 million active accounts. (Block) Block’s own…
Read the full articleYou might also wanna read
Cash App parent company to pay $45 million in multistate fraud settlement, state AG says
Virginia is among 46 participating states in the settlement with Block, Inc., the company behind Cash App. The commonwealth will receive abo
Cash App reaches $45 million settlement over alleged failure to protect users from fraud
According to the indictment, Block exposed its users to fraud by misleading them about Cash App's security. The company promised advanced fr
46 states settle for $45M over Cash App deceptive practices
Key Points: AGs allege the company failed to install proper consumer protections Cash App is a peer-to-peer payments platform owned by Block
Cash App owner to pay $45 million to settle allegations of lax security
State attorneys general announced the bipartisan agreement with Block, Inc. on Wednesday, saying that the company incorrectly promised users
Cash App因虚假安全承诺被罚4500万美元，Block同意和解
PANews 7月9日消息，据The Block报道，Cash App母公司Block同意支付4,500万美元，以了结美国几乎所有州监管机构对其安全承诺不实的指控。纽约总检察长办公室称，Block将Cash App宣传为提供与传统银行相当的保护，导致用户误以为资金受到同等保障，同
Block agrees to $45M settlement with 46 states over Cash App fraud protection claims
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, includi
TechCrunch·7d agoBlock agrees to $45M settlement with 46 states over Cash App fraud protection claims
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, includi
techcrunch.com·7d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.