The Square Cash App is a iphone and android based app developed by Square and the same founder and CEO of Twitter. Square enables easy payments and the purchase of Bitcoin. The Square Cash App, much like BAKKT, only works with Bitcoin in addition to fiat and no other forms of crypto.
Square reported 3rd quarter results for 2019 showing explosive growth overall and especially related to customers using their services for Bitcoin.
Square was founded in 2009 by jack Dorsey and is headquartered in San Francisco. It trades on the New York Stock Exchange with the ticker symbol SQ. Dorsey created the company with friend Jim McKelvey, and they started it out of their own dwellings in St. Louis.
Square is among a slew of disruptive players in the tech space such as DuckDuckGo, robots that work in retail, Huawei, and many others.
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