Cash App offers mobile payments, savings, and investing features

Cash App, a financial services platform from Block, Inc., provides a suite of tools for iPhone users including peer-to-peer payments, a debit card, savings features, and investing options. The app allows users to send and receive money or bitcoin via phone numbers, email, $cashtags, or QR codes. It also supports Lightning Network transfers for compatible wallets.

Beyond simple transfers, the platform offers direct deposit capabilities, allowing users to receive funds up to two days early. Users can also utilize savings tools, such as rounding up spare change, and engage in stock and bitcoin investing through Cash App Investing.

While the app provides various banking-like services, Cash App specifies that it is a financial services platform rather than a bank, with banking services provided by partner institutions. Users can access and download monthly or yearly account statements in PDF or CSV formats through the account documents section on the platform.