Cash App announced on July 29, 2025, the launch of 'Pools,' a new peer-to-peer payment feature designed to simplify group payments. This feature enables users to collect money upfront and track shared financial goals with just a few taps, making it easier to manage expenses for group activities.
Pools supports contributions directly through Cash App, as well as via Apple Pay and Google Pay, allowing non-Cash App users to contribute. This broadens the accessibility of the feature and enhances Cash App's network effects by facilitating payments across different platforms.
The introduction of Pools marks a new chapter for Cash App, focusing on making money management between groups more social, accessible, and intuitive. This initiative aims to deepen engagement among its more than 57 million monthly active users and attract new customers by catering to the collaborative financial experiences of the next generation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.