The next generation isn't waiting for a first job to start earning. In our new Modern Earner white paper, we found that 42% of teens ages 12–18 are actively earning through digital channels, from online reselling and content creation to gaming and platform-based work. With one in five teens in the U.S. using a Cash App Card, we have a unique window into how this generation is earning, spending, and managing money. As our Head of Customer Strategy & Intelligence Christine K., shared with Fortune Magazine: "They grew up earning through platforms, managing multiple income streams, getting paid in all kinds of ways. The traditional model - one employer, one paycheck - that's actually the more foreign concept to them." Read more here: https://lnkd.in/gXsj9Sne
About us
Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
- Website
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https://block.xyz/
External link for Block
- Industry
- Financial Services
- Company size
- 10,001+ employees
- Headquarters
- Oakland, California
- Type
- Public Company
Employees at Block
View 12k employees at Block
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Block reposted this
Thinking about Cash App's growth over the last decade, one thing that stands out is how early we recognized that the ways people work, earn, and manage money are changing. Today, more than 59 million monthly actives use Cash App, and 70% earn income from more than one source. This group is the focus of our new Modern Earner report, which explores how Americans are earning and managing money in a changing economy. 54 million Americans now generate income from multiple sources, up 30% since 2024. Building for modern earners means listening closely, learning quickly, and continually improving based on customer feedback, all while maintaining the trust people place in us every day. It's why we're proud of products like Cash App Borrow and Cash App Score, which are designed around the realities of how people earn today and are expanding access for millions of customers. Proud of our teams at Block behind this research and our work to provide relevant solutions for the workers, creators, entrepreneurs, and small business owners we serve.
Income doesn't look the way it used to. In a new white paper, The Modern Earner Economy: How Changes in Earning Are Reshaping Financial Services, we dug into what’s evolving and growing. For approximately 117 million Americans, earnings today look a little different. Income no longer arrives as a steady, predictable paycheck. It arrives instead through multiple sources, often at variable times, and/or in variable amounts. From hourly shift work, gig work, freelancing, content creation, and side businesses. > Among Cash App's 59M+ monthly active customers, 70% earn income beyond a traditional paycheck. We call them Modern Earners. > 44% of Gen Z wage earners now have at least one independent income source. > Modern earners manage an average of 2.7 payment channels. Nearly double the salaried worker average. The financial system wasn't built for how people earn now. This paper makes the case for what needs to change to systems to keep up with the modern earner. Read on: https://lnkd.in/gwfu7PfW
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Block reposted this
Thinking about Cash App's growth over the last decade, one thing that stands out is how early we recognized that the ways people work, earn, and manage money are changing. Today, more than 59 million monthly actives use Cash App, and 70% earn income from more than one source. This group is the focus of our new Modern Earner report, which explores how Americans are earning and managing money in a changing economy. 54 million Americans now generate income from multiple sources, up 30% since 2024. Building for modern earners means listening closely, learning quickly, and continually improving based on customer feedback, all while maintaining the trust people place in us every day. It's why we're proud of products like Cash App Borrow and Cash App Score, which are designed around the realities of how people earn today and are expanding access for millions of customers. Proud of our teams at Block behind this research and our work to provide relevant solutions for the workers, creators, entrepreneurs, and small business owners we serve.
Income doesn't look the way it used to. In a new white paper, The Modern Earner Economy: How Changes in Earning Are Reshaping Financial Services, we dug into what’s evolving and growing. For approximately 117 million Americans, earnings today look a little different. Income no longer arrives as a steady, predictable paycheck. It arrives instead through multiple sources, often at variable times, and/or in variable amounts. From hourly shift work, gig work, freelancing, content creation, and side businesses. > Among Cash App's 59M+ monthly active customers, 70% earn income beyond a traditional paycheck. We call them Modern Earners. > 44% of Gen Z wage earners now have at least one independent income source. > Modern earners manage an average of 2.7 payment channels. Nearly double the salaried worker average. The financial system wasn't built for how people earn now. This paper makes the case for what needs to change to systems to keep up with the modern earner. Read on: https://lnkd.in/gwfu7PfW
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Block reposted this
NEW: As more Americans take on freelance, contract and other side work, earning money from multiple sources is becoming increasingly common. The number of people generating independent income alongside traditional earnings rose more than 30% from 2024, according to Block Inc.’s Cash App. The growth has been driven by Generation Z, with almost 16% holding multiple jobs, five times the rate of Baby Boomers. It reflects a broader shift in how Americans earn money. Across Cash App’s customer base, 57% generate income through freelancing, entrepreneurship, content creation, side businesses or multiple jobs. More from me in the (gift) link below: https://lnkd.in/grij5jav
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Income doesn't look the way it used to. In a new white paper, The Modern Earner Economy: How Changes in Earning Are Reshaping Financial Services, we dug into what’s evolving and growing. For approximately 117 million Americans, earnings today look a little different. Income no longer arrives as a steady, predictable paycheck. It arrives instead through multiple sources, often at variable times, and/or in variable amounts. From hourly shift work, gig work, freelancing, content creation, and side businesses. > Among Cash App's 59M+ monthly active customers, 70% earn income beyond a traditional paycheck. We call them Modern Earners. > 44% of Gen Z wage earners now have at least one independent income source. > Modern earners manage an average of 2.7 payment channels. Nearly double the salaried worker average. The financial system wasn't built for how people earn now. This paper makes the case for what needs to change to systems to keep up with the modern earner. Read on: https://lnkd.in/gwfu7PfW
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Finding new ways for artists to support their work has always been a goal for Tidal. Now independent artists can sell uploaded tracks and albums directly to fans. Bringing Square and Tidal's technology together is just the start of opening doors to more valuable financial tools for artists 💿
Independent artists aren’t just making music—they’re building businesses. Today, we’re expanding what’s possible for artists on Tidal Upload. Artists in the U.S. selling directly to fans through Tidal Upload can now access tools from Square to help manage sales, accept payments, and grow their business with greater control and flexibility. For independent artists, Direct-to-Fan revenue isn’t a side hustle—it’s often the foundation of a sustainable career. The easier we can make it to sell merchandise, tickets, and experiences, the more artists can focus on creating. This is an important step toward our broader vision for Upload: helping independent artists build thriving businesses around their music, not just distribute it. Upload. Sell. Keep more of what you earn. Learn more: https://lnkd.in/esBRsYm5
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Block was included on this year's Fortune 500 list. It's a reflection of the millions of people who use our products to run businesses, move money, and participate in the economy, and the teams across Block working to make those experiences better every day. Thank you to everyone who builds with us. https://lnkd.in/eduCVuWA
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What do a cronut inventor and a tattoo shop started by a band have in common? Both are built on community, can be found in SoHo, NYC, and run on Square. Amy Ma and Dominique Ansel of Dominique Ansel Bakery, and Rudy Temiz and Greg Ferreira of Live by the Sword Tattoo visited our office to tell us exactly what's working. And what they'd like more of. Our internal Customer Calls series brings customers into direct conversation with teams across Block for honest signals on what to build next. This month, we dug into how backend operations can become even more seamless and the opportunity to connect more directly with loyal and new shoppers.
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Intelligence is most powerful when it's grounded in governed data. Our teams are combining Anthropic with Snowflake to investigate compliance and security issues in real-time, automate workflows, and move seamlessly from analysis to action.
This just in from #SnowflakeSummit: Snowflake and Anthropic are expanding our work across Snowflake Cortex AI – with Claude powering Snowflake Cortex Code and Snowflake Intelligence – as well as Claude Marketplace. 🚀 As more organizations use Anthropic Claude models directly inside Snowflake, demand continues to grow for governed, production-ready AI that delivers the security, observability, and scale enterprises require. Together, Snowflake and Anthropic are helping accelerate enterprise AI adoption and build the foundation for the agentic enterprise. See how we’re building it together, and how customers are using Snowflake and Anthropic to power real-world AI use cases across their organizations: https://bit.ly/4u8E0Ee
Snowflake and Anthropic Accelerate Governed Enterprise AI
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Block reposted this
This morning, the Tech Council of Australia and Block hosted a lively panel on the future of innovation in Australia's financial services sector. ASIC Chair Joe Longo joined us for his final public appearance in the role, marking the conclusion of a five-year tenure. He was characteristically direct, making the case for principles-based regulation, the importance of regulatory simplification, and ASIC's commitment to backing innovation that happens safely and with consumers at the centre. Joe was joined on the panel by Stuart Munro, Group Executive of Group Strategy at Commonwealth Bank, Mariana Paun, Chief Business Resilience Officer at Zepto, and Damian Kassabgi, former CEO and Board Adviser at the Tech Council. Between them, the conversation covered regulatory settings, the pace of market change, and what Australia's financial system needs to stay competitive. The discussion coincided with ASIC releasing new research examining how AI, tokenisation, distributed ledger technology and automation are reshaping payments, markets and financial services across Australia. The research finds Australia is well-placed to take advantage of this wave of financial innovation, with world-class payments infrastructure and a track record of producing more unicorns per dollar of VC invested than any other country. Thank you to our panellists and to everyone who contributed to the engaging discussion. Read the full report here: https://lnkd.in/gszy_yuf Read Chair, Joe Long's speech here: https://lnkd.in/gh6Uj_AP Madeleine Houghton Michael S.
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