The expansion of Square Financial Services, Inc. to offer small, easy-to-repay consumer loans to Cash App customers will continue to drive economic empowerment to consumers. Cash App Borrow is designed to provide short-term cash flow in a simple and accessible way when alternatives are notoriously expensive and difficult for consumers to navigate. The average Cash App Borrow loan was less than $100 and approximately one month in duration, at a fraction of the cost of a payday loan or overdraft fee – and smaller and shorter-term than what a typical bank offers. The short-term credit product is available to eligible consumers who utilize Cash App, and has seen strong product market fit with nearly $9 billion in originations in 2024 offered by Block, Inc. through an external bank partner.