When I open my Venmo app, it's just a P2P payments business with three features: 1) Pay or 2) Request 3) Scan QR Code to Pay a Biz.

@CashApp has four businesses with over 15+ features/benefits.

1) Banking
2) Spending w/ Loyalty
3) Payments (Equivalent of Venmo)
4) Investing

Banking (6-7 features):

- See cash balance
- Add cash
- Cash out to bank
- Conveniently see routing and account number
- Deposits & Transfers (auto or single)
- Bitcoin info and holdings
- Link bank

Spending w/ Loyalty - Cash Card (5-7 features):

- See card
- Add to Apple Pay
- Designing a New Card (can monetize here)
- Copy number of card for easy purchasing
- Report lost/stolen easily
- Save w/ Boost (variety of coupons tailored to your spending)

Payments (2 features):

- Basic P2P similar to Venmo
- Can add reason for send/request, no different from venmo
- Nothing else to write here; basically sad that this is Venmo's business

Investing (7-10 features):

- Trade stocks
- Trade bitcoin
- Stock trading for both can be fractional
- Stock trading for both can be automated and fractional so you can dollar cost average
- Discover stocks
- News
- Stock list
- Sector/ETF Research
- Trending stocks
- Education

On top of all of this if you are a @CashApp user, you can do Direct Deposit from your employer and get payroll 2 days earlier or get government stimulus funds.

Imagine @TIDAL music service as part of this with celebrities and entertainment on the app?

@jack @Square @CashApp

Based on the last earnings call, @Jack did say that BTC will be able to be used for commerce. Example, if you own BTC, use a fractional portion of it to pay for goods. BTC auto converts to USD -> Merchant receives USD. Guessing in future, merchant can choose to receive BTC, too.

Lastly, let’s not forget CreditKarma Tax acquisition and Verse (P2P payments in Spain). Former allows for more cash infusion in the system and data on consumer financial health. Latter expands TAM internationally. Tidal will add services if it goes through.