Block

Inflation, Credit Pressures Manageable for BNPL Providers Amid Soaring Volumes
Inflation, Credit Pressures Manageable for BNPL Providers Amid Soaring Volumes
August 12, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) took off like a rocket during the pandemic, in an age when interest rates were at historic lows and stimulus...

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Marqeta Seeks New CEO, Founder Looks to New Role
Marqeta Seeks New CEO, Founder Looks to New Role
August 11, 2022  |  Personnel

Marqeta will begin a search for a new chief executive as it kicks off a growth phase, the founder and current CEO of the card...

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CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
August 08, 2022  |  Connected Economy

PYMNTS’ Connected Economy™ 100 Index (CE100 Index™) marched upward by 5.5% this past week, continuing a streak that now has extended to three straight weeks....

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Block’s Bet on BNPL and Cash App Offsets Beating From Bitcoin
Block’s Bet on BNPL and Cash App Offsets Beating From Bitcoin
August 04, 2022  |  Digital Payments

For Block, the parent company of Square, bitcoin’s been a drag on results, and Cash App has been a boon. Block posted Q2 results that...

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Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto Accounts
Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto...
August 03, 2022  |  Cryptocurrency

Hackers have returned $9 million to cross-chain bridge Nomad after it was exploited for $190.4 million Tuesday (Aug. 2), Coindesk wrote. The amount returned was...

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Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
July 17, 2022  |  Cryptocurrency

Crypto has had a very bad year, with bitcoin’s 70% price collapse putting it in better shape than many of the other 10 largest cryptocurrencies,...

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Calling Web3 Corrupted by VCs, Twitter Founder Jack Dorsey Pitches Web5
Calling Web3 Corrupted by VCs, Twitter Founder Jack Dorsey Pitches Web5
June 29, 2022  |  Blockchain

DEK: The Block CEO wants to build a decentralized web, but doesn’t believe the current vision of a blockchain-based internet — where people control their...

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CE100 Held On as BNPL Firms, Platforms Extend Losses
CE100 Held On as BNPL Firms, Platforms Extend Losses
June 20, 2022  |  Connected Economy

The week that was: a week that many investors wish had not been. The Connected Economy 100 stock index did marginally better than the broader...

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Block to Shut San Francisco HQ, Switch to Remote Workforce
Block to Shut San Francisco HQ, Switch to Remote Workforce
June 15, 2022  |  Personnel

Payments-processing firm Block, previously known as Square, is leaving behind the Market Street headquarters that had been the high-profile company’s San Francisco headquarters when its...

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