03-04-2025
Jack Dorsey's Block Pushes Into Banking as Stock Price Tumbles
Cai Haun has been a loyal Cash App user for nearly a decade. First using Block Inc.'s app as a place to squirrel away tips from her previous job as a barista, and now to send and receive money from friends for drinks and group dinners.
Despite her loyalty, the 35-year-old content creator has remained immune to the company's efforts to turn customers like her into users of its banking services.