Block, Inc. (SQ)

Block, Inc., formerly known as Square, Inc., is a technology company specializing in financial services. Founded in 2009 by Jack Dorsey and Jim McKelvey, the company initially gained fame for its innovative point-of-sale solutions that allowed small businesses to easily process credit card payments. Over the years, Block has expanded its portfolio to include a wide range of services such as Cash App, a popular mobile payment service, and Square Capital, which offers business financing. In December 2021, the company rebranded from Square, Inc. to Block, Inc. to reflect its broader ambitions beyond just payments. The rebranding also aligns with its ventures into blockchain technology. As of 2023, Jack Dorsey serves as the CEO and is a prominent figure in the tech industry for his previous role as the CEO of Twitter. The company's revenue reached approximately $17.66 billion in 2022, demonstrating its robust growth and the diversification of its business lines. Block, Inc. is headquartered in San Francisco, California, and is known for its forward-thinking approach to financial technology and a strong commitment to empowering businesses and individuals with modern financial tools.