Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank. Block's stock price plummeted after earnings, but CEO ...
Square Financial Services, Inc., the industrial bank of Block (NYSE:XYZ), is expanding its lending capabilities after receiving approval from the Federal Deposit Insurance Corp. to start offering ...
The three fintechs, which were each launched by tech luminaries in different eras of Silicon Valley history, are increasingly converging as they seek to become virtual all-in-one banks. In their ...
Jack Dorsey's Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers more affordable credit options ...
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