Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application

Within a decade since its launch in 2009, Twitter CEO Jack Dorsey’s fintech company Square has transformed into a $ 29 billion digital payments giant and the go-to platform for users to send and receive money and buy Bitcoin. On February 3, Dorsey revealed that Square Cash (also known as Cash App), one of the most widely utilized mobile payment applications in the U.S. market, became the 2nd most popular free mobile application on the Apple App Store. How Did Square Grow so Quickly? Like any fast-growing startup, it targeted a niche market in merchants without access to point-of-sale (PoS) terminals

Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application by CCN

News – CCN

Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’ (news.bitcoin.com)

This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $ 114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries.
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