Square's Cash App user base surges to a massive 24 million monthly active customers - Business Insider

This puts the size of the peer-to-peer payments platform's monthly user base close to that of both Venmo and Zelle, which are to have had 26.9 million and 35 million monthly users in the US in 2019, respectively, per eMarketer, giving Cash App a large group of users to potentially draw revenue from.

Square has managed to increase Cash App's monetization alongside its user base, likely thanks to its growing set of features and its ability to showcase them. Cash App's share of Square's gross profits has surged: It managed to boost its revenue per user, which can be a difficult task for P2P platforms.

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Square emerges as a coronavirus hedge while other payment stocks get crushedSquare has been an outlier in this week's payment stock wreckage. ReformedBroker sorry buddy i beat you 🙃🙃🙃 lol
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The best Chase Offers for cash back that are available now - Business InsiderIf you have a Chase card, you likely have Chase Offers attached to your account — and they can save you money at Cole Haan, Rite Aid, and more
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