CashApp made most of their money through Bitcoin and the exchange fees (something like 70% in 2021?). Additionally, they charge extra for instant transfers in and out of CashApp. I believe its 1.5%. Lastly, they also…
Keep in mind that Block's $17.6B revenue includes CashApp which makes up almost half of their revenue. It looks like the $640B payments processing does not include BaaS & SaaS products offered by Stripe
CashApp made most of their money through Bitcoin and the exchange fees (something like 70% in 2021?). Additionally, they charge extra for instant transfers in and out of CashApp. I believe its 1.5%. Lastly, they also…
Keep in mind that Block's $17.6B revenue includes CashApp which makes up almost half of their revenue. It looks like the $640B payments processing does not include BaaS & SaaS products offered by Stripe