Block (XYZ) stock & equity tools

Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.

Source: Wikipedia (CC BY-SA 4.0)

Square started with a small white card reader that plugged into a smartphone headphone jack, letting any merchant accept credit cards with just an iPhone and a free app. Jack Dorsey and Jim McKelvey founded the company in San Francisco in 2009 after McKelvey lost a $2,000 faucet sale because he couldn't accept American Express. Square grew from hardware into cloud-based POS software, payroll, and lending for small businesses, while Cash App became a leading peer-to-peer payment and bitcoin wallet for consumers. The company rebranded to Block in December 2021 and acquired buy-now-pay-later provider Afterpay for $29 billion in January 2022. Block reported $24.1 billion in revenue in 2024.

Sources: en.wikipedia.org · cnbc.com

Equity comp at Block

• RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-05-07.