Cash App is a financial technology (fintech) platform headquartered in San Francisco, California, United States. It is widely known for its peer-to-peer money transfer services, along with features such as direct deposit, debit cards, stock investing, and Bitcoin trading.
Cash App is not an independent company. It is owned and operated by Block, Inc., a publicly traded financial services company listed on the New York Stock Exchange (NYSE) under the ticker symbol SQ.
Block, Inc. was founded in 2009 by Jack Dorsey and Jim McKelvey. Originally launched as Square, the company rebranded to Block, Inc. in December 2021 to reflect its broader focus beyond payments, including blockchain and digital finance products. As of 2025, Block, Inc. is led by Jack Dorsey, who serves as CEO and Chairman.
Ownership Status of Cash App
There is no single private owner of Cash App. Since Cash App is a product of Block, Inc., and Block is a publicly traded company, ownership is distributed among institutional investors, mutual funds, and individual shareholders.
Ownership percentages change periodically based on market activity and regulatory disclosures, such as SEC filings (Forms 13F, 13G, and 13D).
Major Shareholders of Block, Inc. (Parent Company of Cash App)
| Shareholder / Entity | Ownership Percentage | Notes |
|---|---|---|
| Vanguard Group | ~8% | Passive institutional investor via index funds (13F filings). |
| BlackRock, Inc. | ~6% | Large asset manager holding shares through ETFs and funds. |
| Jack Dorsey | ~5–6% | Co-founder, CEO, and significant individual shareholder. |
| State Street Corporation | ~4% | Institutional investor through managed funds. |
Note: Remaining shares are held by various institutional investors, hedge funds, and retail shareholders worldwide.
Key Shareholder Highlights
Block, Inc.’s shareholder base is largely composed of passive institutional investors, reflecting its inclusion in major stock indices.
- Vanguard Group and BlackRock primarily hold shares through index-tracking funds and ETFs.
- Jack Dorsey remains one of the most influential shareholders due to his executive role and long-term stake in the company.
- Institutional ownership provides stability, while insider ownership aligns leadership with long-term company performance.
Recent Developments in Ownership
There have been no major ownership takeovers or control changes related to Cash App in recent filings.
However:
- Institutional ownership levels fluctuate slightly each quarter due to ETF rebalancing and fund inflows/outflows.
- Jack Dorsey has remained actively involved in Block’s strategy, particularly around Bitcoin and blockchain initiatives, which are closely tied to Cash App’s growth.
FAQs
1. Who is the current owner of Cash App?
Cash App is owned by Block, Inc., a publicly traded company. Ownership is shared among institutional investors, retail shareholders, and company insiders.
2. Is Cash App privately owned or publicly traded?
Cash App itself is not publicly traded, but its parent company Block, Inc. is publicly traded on the NYSE under the ticker SQ.
3. Who founded Cash App?
Cash App was developed by Block, Inc. (formerly Square) under the leadership of Jack Dorsey.
4. Does Jack Dorsey own Cash App?
Jack Dorsey does not personally own Cash App outright. However, he is a major shareholder and the CEO of Block, Inc., which owns Cash App.
5. Has Cash App ownership changed recently?
No major ownership changes have occurred. Ownership shifts regularly due to stock market trading and institutional filings.