Cash App, FDIC and Borrow Loans

Block Subsidiary Secures FDIC Approval for Cash App Borrow Loans
Block Inc. said its Square Financial Services industrial bank subsidiary received approval from the US Federal Deposit Insurance Corp. to begin offering consumer loans directly through its Cash App Borrow product.
Block Receives FDIC Approval for Small, Short-Term Loan Product
Block received approval from the Federal Deposit Insurance Corp. to offer a consumer loan product that is designed to provide consumers with short-term cash flows. Under the program, Cash App Borrow,
Square Financial receives FDIC approval for Cash App Borrow
Block (XYZ) announced its industrial bank, Square Financial Services, has received approval from the Federal Deposit Insurance Corporation to
Block's industrial bank gets FDIC approval to offer Cash App Borrow feature
Square Financial Services, Inc., the industrial bank of Block (XYZ), is expanding its lending capabilities after receiving approval from the Federal Deposit Insurance Corp. to start offering consumer loan product Cash App Borrow.
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
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.
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