I found your post really interesting. I didn't know the unbanked were as high as 20%. That may explain why Cash App initially became popular with underserved (poor) communities in the South East of the US. If you can not get a bank account with a traditional bank and are unbanked Cash App would be very popular. Big question is can they jump demographic boundaries and become popular will all the US population. I know they are popular with Gen z and Millennials as the company has stated 70% of their customers are in this age group. I will be watching the Monthly Active Users to see if the are executing on their strategy.
You appear to know a lot about the US banking system. Wondering if you have a bear thesis on what will stop Cash App from growing so fast in the US.
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I found your post really interesting. I didn't know the unbanked...
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Last
$101.37 |
Change
-2.230(2.15%) |
Mkt cap ! $4.580B |
Open | High | Low | Value | Volume |
$101.28 | $101.81 | $100.42 | $3.430M | 33.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 104 | $101.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$101.40 | 24 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 157 | 101.310 |
3 | 2049 | 101.300 |
2 | 55 | 101.290 |
4 | 30 | 101.280 |
2 | 46 | 101.270 |
Price($) | Vol. | No. |
---|---|---|
101.340 | 27 | 6 |
101.350 | 4 | 4 |
101.400 | 35 | 1 |
101.420 | 51 | 3 |
101.440 | 45 | 2 |
Last trade - 13.23pm 16/07/2025 (20 minute delay) ? |
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