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.

In Shopify's latest Edition, which introduced hundreds of new products and features, they announced two new lending products to their...

In the bustling marketplace of business lending three titans—Shopify, Block, and PayPal—are charting different courses through the choppy...