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Block's Cash App to Exit UK Market, Stock Drops
Block Inc (NYSE:SQ) announced that its consumer-payments platform, Cash App, will cease operations in the U.K. on September 15, six years after launching there.
The platform, known for its mobile money transfers, was the companyâs first international market when it debuted in 2018. Blockâs stock is trading lower on Thursday.
The company website quoted, âIn recent months, we have outlined our strategic approach for Cash App, which ...
>>> Read more: Block's Cash App to Exit UK Market, Stock Drops
Block Inc (NYSE:SQ) announced that its consumer-payments platform, Cash App, will cease operations in the U.K. on September 15, six years after launching there.
The platform, known for its mobile money transfers, was the companyâs first international market when it debuted in 2018. Blockâs stock is trading lower on Thursday.
The company website quoted, âIn recent months, we have outlined our strategic approach for Cash App, which ...
>>> Read more: Block's Cash App to Exit UK Market, Stock Drops
