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Block Q2: Lending Engine Keeps Humming, Crypto Cools - And Shopify Capital Is Gaining Ground
Block’s latest quarter was a reminder that embedded lending is no side hustle anymore. While top‑line headlines fixated on guidance and mixed revenue trends, two things stood out for our world: Square Loans kept scaling originations, and Bitcoin revenue cooled from last year’s pace. Meanwhile, Shopify Capital posted a sizable quarter of its own, a competitive signal for platform‑native business funding.
Staff Writer
Aug 92 min read
Lobbying Surge in Fintech Industry Amid Regulatory Uncertainty
According to data from Open Secrets, PayPal, Block, and Early Warning Services are leading a surge in fintech lobbying expenditures in...
Staff Writer
Aug 10, 20242 min read
Square did 142K loans totaling $1.45 billion in Q2
In its earnings report on Thursday, Block reported that Square Capital did 142,000 loans totaling 1.45 billion in Q2 of 2024. That number...
Shane Mahabir
Aug 2, 20241 min read
Whistleblower Reveals Alleged Compliance Lapses in Sanctions, Terrorism Financing at Block
Federal prosecutors are investigating internal practices at Block, the financial technology firm founded by Twitter co-founder Jack Dorsey,
Staff Writer
May 2, 20242 min read
Comparing Shopify, Block, and PayPal's Lending Landscapes
In the bustling marketplace of business lending three titans—Shopify, Block, and PayPal—are charting different courses through the choppy...
Funder Intel Staff
Nov 5, 20232 min read
Square Loans Over $1 Billion for Q1
Block released its numbers for Square Loans for Q1 and it was impressive.
Funder Intel Staff
May 5, 20231 min read
Square Loans Earnings Are Eye Opening
facilitating approximately 122,000 loans totaling $1.01 billion in originations, up 30% year over year.
Funder Intel Staff
Aug 4, 20221 min read
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