Jack Dorsey’s payments company Block expands corporate card service to the UK

Key Points

Block’s business-focused payments arm, Square, told CNBC it has rolled out it’s Square Card product in Britain.
It marks the first time Block has expanded its business card offering outside North America, where it first launched in 2019.
The firm will come up against local banking giants like Lloyds and NatWest, as well as fintech players including Pleo, Payhawk and Spendesk.

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