Block launches Cash App Afterpay 💳📱; Revolut sets global banking stage with UK license, eyes 2026 IPO 😳🏦; Klarna shutters offices in strategic cost-cutting push 👋🏢

FinTech is Eating the World, 19 March

Hey Everyone,

Good morning & happy Wednesday! Today’s issue is the best one yet as we’re looking at Block which just launched Cash App Afterpay (what it’s all about & why it matters + bonus deep dive into Block & their latest financials), Revolut that’s setting a global banking stage with UK license and eyes 2026 IPO (what’s happening & what it tells us), and Klarna which is shutting down offices in a strategic cost-cutting push (what’s the big picture view here + a bonus deep dive into Klarna’s IPO prospectus). Let’s just jump straight into the interesting stuff 🌶️

Block launches Cash App Afterpay 💳📱

The news 🗞️ Block (formerly Square) XYZ 0.00%↑ has officially integrated Afterpay's Buy Now, Pay Later (BNPL) services into Cash App, creating a unified brand called Cash App Afterpay.

The partnership enables Cash App's 57 million monthly active users to access Afterpay's BNPL offerings when shopping online at participating merchant partners.

Let’s take a quick look at this and see why it matters.