Block, Inc.
About the company
Founded in 2009 and headquartered in San Francisco, California, Block, Inc. is a technology company focused on fostering economic empowerment worldwide. The company began as the developer of Square, a widely-used payments platform, and has since expanded its mission to promote inclusion and accessibility in the global economy. Block operates with a commitment to diversity and transparency, reflected in both its business endeavors and its active open-source developer community.
Block's business model integrates transaction fees, SaaS subscriptions, platform offerings, and the development of open-source tools aimed at supporting engineers and developers. Its portfolio includes key subsidiaries such as Square (payments platform), Cash App (peer-to-peer financial services), Spiral (Bitcoin development), TIDAL (music streaming), Block Open Source (developer tools including the AI agent Goose), and Afterpay (buy now, pay later services). These offerings serve a diverse market comprising small and medium-sized businesses (SMBs), entrepreneurs, developers, and a broad global user base.
As a publicly traded company on the NYSE under the ticker SQ, Block has raised over $600 million prior to its IPO through investors like Andreessen Horowitz and Sequoia Capital. Its strategic focus spans financial solutions, blockchain innovation, and engineering automation, leveraging its technical expertise to impact individuals and enterprises worldwide while continuously expanding its open-source ecosystem.
