Block, Inc. has extended more than $200 billion in credit to customers worldwide across its Cash App Borrow, Afterpay and Square Loans products, marking a significant milestone in the company’s mission to bridge global lending gaps. This cumulative amount underscores Block’s rapid expansion in consumer and small-business finance since the launch of its integrated credit offerings, reflecting strong demand from underserved segments that traditional lenders have historically overlooked.

Cash App Borrow, which provides short-term loans averaging 21 days in duration, has achieved a 97 percent repayment rate among a borrower base where 70 percent hold FICO scores below 580. Afterpay customers have realized a 96 percent on-time installment rate, while Square Loans—tailored to small businesses—has maintained loss rates below 3 percent. These figures demonstrate Block’s ability to manage credit risk effectively even when serving higher-risk profiles.

Block leverages near real-time behavioral data instead of relying solely on traditional credit bureau reports. The proprietary Cash App Score aggregates customers’ income, savings, spending and repayment patterns to deliver nuanced credit assessments. By integrating payments, lending and merchant services within one platform, Block creates comprehensive financial profiles that enhance underwriting precision, supporting both customer acquisition and retention and positioning the company to capture cross-sell opportunities as users deepen their engagement across its ecosystem.