Over ten years, cumulative loans exceeded one trillion US dollars! Block (SQ.US) approved for direct lending and ratcheting up credit layout.
According to the Securities Times APP, Block Inc. (SQ.US), a financial services and mobile payment company founded and led by Twitter founder Jack Dorsey, plans to significantly expand its lending business to boost investor confidence after a series of disappointing financial reports. This move aims to increase the coverage of Block's credit services.
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