Block delivers strong 2023 results and sets sights on consumer banking growth 🏦📈

FinTech is Eating the World, 26 February

Hey Everyone,

Happy Monday! I hope you had some time to recharge your batteries over the weekend because now we’re jumping straight into the FinTech magic. Today’s issue is a very special one as we’re diving into Block which just posted its Q4 2023 earnings (analyzing the most important numbers, uncovering what they mean to see why Cash App’s new (re)focus is the best possible strategy + some juicy bonus reads). Let’s just jump straight into the interesting stuff 🌶

Block delivers strong 2023 results and sets sights on consumer banking growth 🏦📈

Earnings calling 📞 Following a deep dive into Nubank NU 0.00%↑ and their latest numbers, today we’re going to analyze another FinTech gem - Block SQ 0.00%↑, which just reported its latest numbers.

Jack Dorsey-led financial technology heavyweight delivered strong financial results in Q4 and the whole of 2023 while making meaningful progress towards its long-term profitability goals.

Let’s take a closer look at the most important numbers, uncover what they mean, and see why Cash App’s new (re)focus is the best possible strategy.