Square (Block) Statistics, User Counts, Facts & News (2022)

Last Updated on: April 1st, 2022

square statistics and facts 2022


Here are a few of the most interesting Square (Block) statistics and facts I was able to dig up including user 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.


Square (Block) Facts

What is Square (Block)?

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square. (source)

Square (Block) User Count

How many merchants use Square?

2 million merchants

Last updated 11/26/17


How many users does Square have?

210 million buyer profiles

Last updated 1/1/21


Square (Block) Revenue Totals

Block annual revenue:


Block Gross Payment Volume (GPV):


Additional Square (Block) Statistics

Number of items listed for sale on Square:

295 million items

Last updated 1/1/21


Total number of Square active invoice sellers:

225,000

Last updated 5/5/17


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


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

nearly 50%

Last updated 5/3/17


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)

Last updated 3/29/17


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

40,000 businesses

Last updated 5/3/17


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

54%

Last updated 3/31/17


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

46%

Last updated 3/31/17


Average size of a Square Capital loan:

$6,000

Last updated 3/31/17


Square’s first $100 million day:

occurred in December 2014


Amount that Square paid for Weebly:

$365 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 Square (Block) stats 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%.


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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.