Product Launch · Treasury / Cash Management · 2026

Block's Square launches high-yield savings (3.50% APY) for seller deposits to compete for

Square Financial Services launched product launch on June 12, 2026.

Primary
Square Financial Services
Structure
product launch
Date
June 12, 2026
Sub-sector
Treasury / Cash Management

Block is using embedded finance to deepen seller relationships and capture treasury assets—a playbook sub-$250M fintech platforms should watch. However, Block's scale makes this le

Primary company
Square Financial Services
Counterparty
Amount
Event date
June 12, 2026
HQ
Structure
product launch
Source published
Publisher
PYMNTS

Source: pymnts.com