Block Inc. ($SQ) provided insights during its Q3 2024 earnings call, highlighting expectations for improved gross payment volume (GPV) growth in 2025, with a target of at least 15% increase in gross profit. The company reported a recent uptick in GPV trends, noting double-digit growth globally in October compared to the previous quarter. CEO Jack Dorsey emphasized the potential of Cash App Local, while also discussing the resilience and redundancy being built into their platform amidst evolving regulatory environments. Additionally, Cash App Card has become a daily utility for users, with an average of six transactions per week. In a separate earnings call, Adyen ($ADYEN) revealed that Cash App contributes approximately 1% of its net revenue, equating to around €4.98 million ($5.32 million) in Q3 2024. Furthermore, Adyen clarified that they do not handle all Cash App inflows, having fully ramped up their operations with Cash App by Q4 2023.