Square is considering offering investment and savings products through its Cash App 

Square has more ambition than to be a competitor to Venmo and Paypal. It wants to be your bank.  BTW, I have a Cash App account, and I use it to budget for discretionary expenses.

“Anything you do today with a bank account, you should look to Cash App to begin to emulate more and more of that,” says Square CFO Sarah Friar.

Source: Square is considering offering investment and savings products through its Cash App – Recode 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.