Who Owns Cash App? (2022)

Cash App is one of the most used mobile payment apps in the US. The app is reported to have over 70 million active users. The Cash App lets users send money to each other and also invest money in bitcoin and stocks.

Today, in this article, I’m going to tell you about the ownership of the Cash app.

Who owns Cash App?

Cash App is currently owned by Jack Dorsey through his 10% holding in Cash App parent Block Inc.

Block Inc. was formerly called Square Inc. Square Inc. launched the Cash App in 2013.

Block Inc. (formerly Square) was founded by Jack Dorsey and Jim McKelvey in 2009 to let businesses accept payments with ease. AfterPay and Weebly are among the company’s other products.

Who founded Cash App?

Cash App was launched by Block Inc. (then Square) in 2013 as “Square Cash”. The app brought in the $cashtag feature in 2015. Today, $cashtag is one of the most used ways to send money.

The app’s main feature was to send and receive money only, but in 2018 the feature to invest in bitcoin was released, and then in 2019, the feature to trade stocks was also released.