Who Owns Cash App
Cash App is owned by Block, Inc., formerly known as Square, Inc. Block is a publicly traded financial technology company that develops digital payment tools. The app is one of its consumer-facing products for peer-to-peer transfers and banking.
What Cash App Offers
Cash App allows users to send and receive money, direct deposit paychecks, and order a customizable debit card. It also provides basic investing features for stocks and Bitcoin through the same platform.
How Cash App Is Regulated
Cash App operates under federal and state financial regulations. Deposits are held at banking partners and may be insured by the FDIC. Users can review current terms and features on the official Cash App website cash.app.
