I'm wondering if Cash App should be considered a financial institution. I use it for sending and receiving money, but I'm not sure if it falls under the same category as banks or other traditional financial institutions.
6 answers
DondaejiDelightfulCharm
Sat Nov 23 2024
Cash App operates as a financial services platform, distinct from a traditional banking institution.
Dario
Fri Nov 22 2024
This insurance is facilitated through partnerships with Wells Fargo Bank, N.A., and Sutton Bank, both members of the FDIC.
noah_stokes_photographer
Fri Nov 22 2024
It collaborates with bank partners to offer banking services that cater to users' financial needs.
BitcoinBaron
Fri Nov 22 2024
FDIC Insurance is available through Cash App's banking partners, ensuring an added layer of security.
Giuseppe
Fri Nov 22 2024
The Cash App Card is a convenient tool that allows users to access their funds securely.