Square (Block) Statistics and User Count for 2024

Last Updated on: January 6th, 2024

Here are a few of the most interesting Square (Block) statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Critical sections of this article:

Square (Block) Facts

Here is pretty much everything you ever wanted to know about Square (Block).

square statistics and facts 2022Square is a financial services and mobile payment company that provides businesses with a comprehensive system to accept payments, track sales, and manage operations. Known for its iconic square-shaped card readers, the platform allows for credit card processing and offers tools for point of sale, inventory tracking, and analytics. Square aims to simplify commerce for all types of businesses, from individuals to larger enterprises, with a focus on ease of use and accessibility. Its ecosystem of products works together to help entrepreneurs start, run, and grow their businesses more effectively.

Square (Block) Statistics

Square (Block) User Count

How many merchants use Square?

2 million merchants (2017)

How many users does Square have?

261 million buyer profiles (2022)

Square (Block) Revenue Totals

Block annual revenue:

Block Gross Payment Volume (GPV):

Additional Statistics

Number of items listed for sale on Square:

366 million items (2022)

Total number of Square active invoice sellers:

225,000 (2017)

61% of Square merchants process less than $125,000 annually.

Percentage of all Square invoices that come from a mobile device:

nearly 50% (2017)

Amount Square paid for Yik Yak in April 2017:

$1 million

Number of countries Square is available in:

5 (UK, Australia, Canada, Japan, and the US) (2017)

Number of businesses that have been given loans from Square Capital:

40,000 businesses (2017)

Percentage of sellers that have been given loans from Square Capital that are women:

54% (2017)

Percentage of sellers that have been given loans from Square Capital that are men:

46% (2017)

Average size of a Square Capital loan:

$6,000 (2017)

Square’s first $100 million day:

occurred in December 2014

Amount that Square paid for Weebly:

$365 million

Amount that Square paid for Tidal:

$297 million

Square seller industry breakdown by GPV:

  • Food and Drink: 27%
  • Retail: 19%
  • Professional Services: 15%
  • Beauty and Personal Care: 10%
  • Healthcare and Fitness: 10%
  • Home & Repair: 10%
  • All others: 10%

(source, 12/31/20)

Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

Related Categories:

Business Services Statistics, Business Statistics, eCommerce Statistics, Financial Statistics, Fintech Statistics, SAAS Statistics

About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include DisneyNews.us and VideoGamesStats.com.