Cash App has rolled out 11 product updates and made more than 150 improvements to meet the way that millions of people earn, manage, and share money today
The brand’s first-ever bundled release includes more flexible banking* benefits, AI-powered navigation, the ability to send and receive stablecoins, and more – all underpinned by robust safety features
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Cash App announced a slate of new features designed to match the ways millions of people manage their financial lives today. The first-ever Cash App Release, which marks the brand’s most significant product expansion-to-date, includes innovations across Cash App’s banking*, bitcoin**, commerce, and peer-to-peer offerings along with a first look at the future of AI and automation on the platform. The full Cash App Fall Release can be found at cash.app/new.
As consumers’ financial worlds become increasingly digital and decentralized, money needs to be faster, more flexible, and more collaborative to keep pace. Income is now fragmented and variable for over 126 million Americans who earn from combinations of different sources including hourly shifts, gig work, and creator payouts. As a result, these earners receive income in a myriad of different forms including bank transfers, peer-to-peer payments, and paper money.1
“The way people earn and manage money has fundamentally shifted, and traditional financial institutions haven’t kept up to meet their needs,” said Owen Jennings, Executive Officer and Business Lead at Block. “At Cash App, we’re hyper-focused on building a platform that reflects how customers are actually participating in the economy today. These new products and features were designed to make money work better for them.”
Cash App Green: Reimagined Banking Benefits Designed For You
Traditionally certain banking benefits have been gated behind direct deposit thresholds, which doesn’t match the reality of how millions of Americans are paid today. In fact, nearly 40% of Cash App customers do not receive income via direct deposit.2 To deliver a better, more flexible banking experience for its customers, the brand is introducing Cash App Green***, a reimagined benefits program which allows qualifying customers to earn benefits by either spending $500 or more per month through the Cash App Card or Cash App Pay, or by depositing $300 in qualifying deposits per month.
Through this more flexible program more than 8 million actives will now have access to banking* benefits. Customers who earn Green status have access to premium benefits*** including no in-network ATM fees, Priority Phone Support, higher Borrow limits, free overdraft coverage, weekly personalized discounts at their favorite stores, and a higher interest on their savings balances.
To learn more about Cash App Green, read the full announcement HERE.
Providing More Customers Access to Cash When They Need It
The traditional credit system was not built for modern financial life, and millions of Americans are excluded based on outdated and often inaccurate data. In contrast, Cash App’s approach uses near real-time data analysis instead of relying on outdated credit histories, evaluating current financial behaviors like cash flow patterns, spending habits, savings, investing, and payment consistency. This responsible growth model starts small and grows with customers as they demonstrate positive financial behavior.
Now, through Cash App more trusted customers can get access to credit with transparent terms and without credit checks, compounding interest, or compounding late fees:
- Cash App Borrow, is now available to eligible customers in 48 states, and first-time borrowers can qualify for up to $500***. This expansion demonstrates our ability to responsibly offer access to credit: 70% of Cash App Borrow actives have credit scores below 580, yet the product maintains repayment rates above 97%.3
- For the first time, Cash App customers can access Afterpay features without needing a separate app or login. From Online Checkout to Past Purchases,4 customers can see their balance and their purchase power all within an Afterpay dedicated home screen within Cash App.
Making Bitcoin** Everyday Money and Introducing Stablecoins on Cash App
Cash App believes that bitcoin isn’t just something to save, but something that should be used. Today, the business is introducing new features that allow customers to spend bitcoin locally, send money almost anywhere, and make fast, low-cost payments – even if they don’t own bitcoin:
- Bitcoin Payments with USD: Using the Lightning Network, eligible customers can pay with bitcoin for free and in seconds on Cash App. Starting later this month, eligible customers will be able to select US Dollars as a currency option after scanning a Lightning QR Code, allowing them to make fast, low-cost payments using their Cash USD balance – without having to spend or hold actual bitcoin.
- Bitcoin Map: Cash App customers may now use the app to discover participating nearby Square businesses and other merchants who accept bitcoin. Through the interactive map, eligible customers can find a participating business, get directions, and pay directly within Cash App over the Lightning Network, making it easier than ever for customers to spend their bitcoin locally.
Bitcoin offers an open protocol for money while stablecoins provide an easy bridge to move digital dollars. Soon, eligible Cash App customers will have the option to send and receive stablecoins on the platform for the first time.
To learn more about these new features, read the full announcement HERE.
Meet Moneybot: Helpful, AI-Powered Navigation on Cash App
6 in 10 Americans use AI tools, and 73% of those consumers use AI tools at least weekly.5 To bring the automation, simplicity, and transparency customers now expect in their daily lives to their finances, Cash App is introducing Moneybot, an AI-powered feature inside Cash App that offers contextual insights and actionable suggestions based on customers’ in-app activity. Moneybot is an always-on assistant built to learn and adapt to each customer’s financial life.
Customers can ask Moneybot for help surfacing features or finding information about their account, balances, and transactions. Moneybot can also help customers better understand their money habits and how to reach their financial goals: for example, a customer could ask Moneybot “can you show me my monthly income, expenses, and spending patterns?” Moneybot would reply with personalized insights based on the customer’s Cash App activity, then suggest how much they could comfortably set aside for savings and investments each month. Every decision is left in the hands of the customer, and with transparent automation and multiple layers of protection, customers always stay in complete control of their money.
“Consumers today are given a host of data around their financial transactions and account balances, but Moneybot takes it a step further by helping to turn those insights into action,” said Cameron Worboys, Head of Product Design at Cash App. “No two financial journeys are the same, so we’ve built Moneybot to learn each customer’s habits and tailor its suggestions in real-time. It connects the dots between how customers spend, save, and invest to help them manage their money more confidently.”
Moneybot is currently available to a select group of customers and will become more broadly available in the coming months. This pilot marks the first step toward an AI-powered Cash App: over time, the brand plans to transform its interface and the ways customers can engage with the platform.
Connecting People Through Money
Peer-to-peer payments – the first product Cash App launched in 2013 – remain at the heart of the in-app experience. This summer Cash App introduced pools****, a new way for friends and family to collect money upfront to make a shared goal a reality. Since its launch in August, 1.7 million customers have used pools and 19% of contributors are first-time connections.6 Cash App is also rolling out a number of improvements to pools including contributor comments, which allows group members to add a payment note to their pool. Managing money has become an increasingly collaborative and social experience, and Cash App will continue to build new features that make it easy for groups to save, share, and spend money.
Expanded Teen Savings and Safety Features
With teens among Cash App’s most engaged customers, the Cash App Card has become the most widely used debit card among U.S. teens.7 Building on this momentum, Cash App has announced that all Sponsored Accounts for teens ages 13–17***** are now eligible to earn its highest interest rate of up to 3.5% APY on Savings balances—one of the most competitive rates available to teens in the U.S******. Teens can continue setting personalized savings goals through Cash App’s Savings feature, now with the added ability to earn interest over time with no minimum balance requirements or hidden fees.
Recognizing the vital role parents and guardians play in helping teens build financial independence, Cash App is also introducing expanded parental controls designed to enhance safety while fostering responsible money management. In addition to existing safeguards, parents and guardians can now limit access to certain features, set spending caps on transactions, and create an approved contacts list. They can receive instant notifications when their teen sends money to someone new, and block specific contacts or payments. These collective updates reinforce Cash App’s ongoing commitment to advancing teen safety and financial empowerment, ensuring families can confidently use Cash App to spend, save, and grow together.
Keeping Customers Safe on Cash App
Security will always remain foundational to Cash App, and Block employs a multi-pronged approach to protect millions of customers every day, inclusive of:
- Proactive Protection: Machine learning systems analyze real-time data points to prevent threats before they impact customers. Cash App’s payment warning feature, which utilizes AI and machine learning to evaluate hundreds of risk factors, has prevented over $2 billion in potential peer-to-peer payment scams since its launch in August 2020.8
- Customer-Controlled Security: Features including Security Lock, Cash PIN, biometric authentication, and instant card locking provide customers with robust personal security controls.
- Fair Resolution: Cash App offers 24/7 customer support, unified issue reporting, and one of the industry’s most comprehensive scam reimbursement policies. In 2024 alone, Cash App reimbursed over $8 million to more than 80,000 people.9
Explore all of Cash App Release and see what’s new at cash.app/new, and visit the Cash App Newsroom for the latest updates and innovations.
About Cash App
Cash App is the money app. Banking* on Cash App is easy: customers can receive paychecks early with direct deposit, spend money where Visa is accepted with a personalized Cash App Card, and grow their money with a separate savings balance – all without hidden fees. Customers can also create a unique $Cashtag to share with anyone to get paid fast, make purchases with Cash App Pay, trade stocks and buy and sell bitcoin**. With Afterpay, customers can also pay over time in a way that best fits their financial needs through participating merchants or directly in the app. Download Cash App for free at cash.app/download.
*Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See Terms and Conditions. Direct Deposit, Overdraft coverage and Moneybot provided and Savings by Cash App, a Block Inc. brand. Afterpay is offered and managed through your Cash App account – no Afterpay account needed. Eligibility is based on several factors and is not guaranteed. Afterpay is not available in all states. Loans issued by First Electronic Bank, serviced by Square Capital, Inc. View state licenses.
**Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC, subsidiary of Block, Inc. Stablecoin, Bitcoin Map, and Lightning Network features described in this press release may be subject to regulatory approval and are not available to New York residents or non-U.S. residents. Bitcoin services provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Investing and bitcoin are non-deposit, non-bank products that are not FDIC insured and involve risk, including monetary loss. Bitcoin’s value can change rapidly, which means the amount of bitcoin needed for a purchase, or the amount made from an investment or spent on a purchase, may vary. Bitcoin transactions may occasionally experience delays or technical issues. Bitcoin transactions are generally irreversible and all payment details should be carefully verified before confirming any transaction. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.
***Cash App Green benefits:
- Higher limits for borrowing cash: Unlock Borrow limits up to $400 for first time borrowers, and get limit increases of up to $300. $500 limit includes the Cash App Green limit increase for spend actives. As of October 1, 2025, the average limit for first time borrowers who are spend actives is $153. Borrow eligibility and limits depend on several factors and are not guaranteed. There are multiple ways to increase your Borrow limit, see here for more details. Borrow limit increase for spending may be lower than limit increase for depositing. Limit increases are subject to change. Borrow is not available in Colorado or Iowa. Borrow loans serviced by Square Financial Services, Inc. issued by First Electronic Bank or Square Financial Services, Inc.
- No fee overdraft coverage: No fee overdraft coverage of up to $200 for Cash App Card transactions . Eligibility requirements apply, see terms for details.
- Free in-network ATM withdrawals: Cash App reimburses ATM fees for all in-network withdrawals when you deposit at least $300 monthly of Qualifying Deposits into Cash App, or spend $500 or more in Qualifying Purchases using your Cash App Card or Cash App Pay in a calendar month. Service fees may apply. See terms for more details.
- Savings Interest: Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card or sponsor one or more sponsored accounts and receive at least $300 in paycheck direct deposits each month; or (b) have a sponsored account with sponsor approval to earn interest. Exceptions may apply. Savings yield rate is subject to change.
****Pools provided by Cash App, a Block, Inc. brand. The use of pools is subject to the Cash App Terms of Service and Terms of Service for Pools Contributors (No Account). New York residents must use their Cash App account to contribute to a pool
*****Teens 13 to 17 can use Cash App with sponsorship by an eligible parent or guardian. To view the eligibility requirements for sponsoring a teen, please visit the Sponsored Accounts section of the Cash App Terms of Service.
******Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. To earn interest on your Cash App savings balance, you need to have sponsor approval. Exceptions may apply. Savings yield rate is subject to change.
1 Cash App Point of View Paper: Cash App Green (November 2025)
2 Factworks / Cash App Earner Sizing Study, Sept 2024
3 Cash App, “Cash App’s Approach to Expanding Financial Access and Inclusion” (2024)
4 Card and peer-to-peer payments
5 Source: AI Experience and Financial Management Survey, October 2025 (US Gen Pop, Age 13–64; total unweighted n=1,245). Survey design fielded via Rep Data panel on Qualtrics; quotas and weights applied to ensure representativeness. US Census Weighting: gender, age, region, ethnicity/race, household income.
6 Cash App internal data as of Q3 2025
7 Block Inc, Access and Protection for Teens in the Digital Economy (September 10, 2025)
8 The $2 billion reflects the minimum dollar amount of highly probable payment scams Cash App prevented where customers did not complete the payment due to our scam warning since August 2020
9 Cash App internal data as of Q3 2025
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