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  1. www.businessofapps.com › data › cash-app-staCash App Revenue and Usage Statistics (2024) - Business of Apps

    Jul 5, 2024 · Cash App made $14.3 billion revenue in 2023, a 34.9% increase on the previous year. The app had a gross profit of $4.32 billion. Cash App had 55 million monthly active users in 2023. 22 million people had a Cash Card in 2023.

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  3. usesignhouse.com › blog › cash-app-statsCash App Revenue and Growth Statistics (2024) - SignHouse

    Aug 1, 2024 · In 2022, Cash App earned a profit of $2.95 billion, which was an increase from the previous year’s profit of $2.07 billion. The profit was $1.23 billion in 2020, $450 million in 2019, and $190 million in 2018.

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  4. productmint.com › how-does-cash-app-make-moneyHow Does Cash App Make Money? Its 5 Income Streams Revealed!

    • How The Cash App Works
    • Detailing The History of The Cash App
    • How Does Cash App Make Money?
    • How Much Revenue Does The Cash App generate?

    The Cash App is a peer-to-peer payment application that enables people to send money to each other at no cost. Anyone that has a registered account on the platform can send and receive money instantly. All you need is the user’s email address, phone number, or $Cashtag. Those payments are not only conducted instantly but completely free of charge. ...

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    The Cash App, which is headquartered in San Francisco, California, was launched in 2013 by Block Inc., formerly known as Square. Square itself was founded in 2009 by Jim McKelvey and Jack Dorsey who, just three years before, founded messaging platform Twitter. Dorsey was pushed out of Twitter in 2008, though. The inspiration for Square came to Dors...

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    The Cash App makes money via merchant fees, payments for order flow and trading fees, interchange and ATM withdrawal fees, instant deposit and paycheck fees, and referral fees. The business modelof the Cash App is centered around its free P2P payment offering. That way, it lures in additional users who are cross-sold into other products (which are ...

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    For the fiscal year 2021, the Cash App generated $12.32 billion in annual revenue while posting a gross profit of $2.07 billion. Block Inc. itself recorded annual revenues of $17.66 billion (up almost 86 percent year-over-year). As a result, the Cash App accounts for almost 70 percent of Block’s overall revenue. Unfortunately, Block does not featur...

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  5. www.investopedia.com › articles › company-insightsHow Cash App Makes Money - Investopedia

    Feb 19, 2024 · The Cash App segment reported a gross profit of $983.86 million; a 27% YOY increase.

  6. www.sec.gov › Archives › edgarEX-99.1 - SEC.gov

    For the full year of 2021, subscription and services-based revenue was $2.71 billion, up 76% year over year, and subscription and services-based gross profit was $2.21 billion, up 69% year over year. Growth in the quarter and the full year was driven primarily by our Cash App and Square ecosystems.

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  7. prioridata.com › data › cash-app-statisticsCash App Revenue & Usage Statistics 2024 - Priori Data

    Feb 9, 2024 · Cash App Profit. In 2021, Cash App reported its highest annual profit of $2 billion. Here’s an overview of Cash App’s profit year-by-year: Cash App Annual Gross Profit 2018 to 2021 ($bn)

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  9. www.sec.gov › Archives › edgarEX-99.1 - SEC.gov

    Aug 4, 2022 · CASH APP ECOSYSTEM REVENUE AND GROSS PROFIT . In the second quarter of 2022, Cash App generated $2.62 billion of revenue and $705 million of gross profit. On a year-over-year basis, Cash App revenue was down 21% and gross profit was up 29%, and on a three-year CAGR basis, Cash App revenue and gross profit grew 116% and 88%, respectively.