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Square's earning report for Q3 of 2019 showed the Cash App growing and monetizing with differentiated products including the introduction of fractional stock ownership.
In Q3, total net revenue for Cash App was $307m. Excluding bitcoin, Cash App revenue was $159m, up 115% year over year. The Cash App has previously stated to have 15m users.
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We offer the peer-to-peer service to our Cash App customers for free, and we consider it to be a marketing tool to encourage the usage of Cash App
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