Square started in February 2009 to enable businesses (sellers) to accept card payments. Square has since expanded to provide more than 30 distinct products and services to sellers that help them manage and grow their business. Similarly, with Cash App, we have built a parallel ecosystem of financial services to help individuals manage their money. Our two reportable segments are Seller and Cash App, reflecting our two ecosystems and the way management and our chief operating decision maker (“CODM”) review and assess the performance of our business.
Block, Inc (previously Square, Inc) is a United States based entity that listed on the Australian Securities Exchange after acquiring all of the shares of Afterpay Limited. They listed on January 20, 2022 so the valuations may be distorted. All reported figures are in $US.