Strike vs Cash App
short answerBoth are hybrid neobanks. Strike supports stablecoins; Cash App is the larger platform (~59M users) and pays yield on balances. Compare custody, license, FX markup and fees field by field below.
Strike: Lightning-native payments + remittance.
Cash App: Block's P2P giant; BTC + Lightning.
Side by side
| Strike | Cash App | |
|---|---|---|
| Category | hybrid | hybrid |
| Audience | general | general |
| HQ | Chicago, US | Oakland, US |
| Founded | 2019 | 2013 |
| Custody | Custodial | Custodial |
| Regulation | VASP / MSB / crypto licenses | VASP / MSB / crypto licenses |
| License detail | Money transmitter licenses + NY BitLicense (NYDFS, 2026); Zap Solutions, Inc. | Via Block's bank + BitLicense |
| Card | Visa · Debit (US) | Visa · Debit |
| Cashback | BTC rewards | Boosts |
| Yield | — | ~4% savings (conditions) |
| FX markup | — | 3% foreign transaction fee; waived on card-present txns for Cash App Green users (2026-07) |
| Services | crypto on-ramp, crypto off-ramp, fiat pay-in (bank rails), fiat pay-out (bank rails), own IBAN / account no. | crypto on-ramp, crypto off-ramp, fiat pay-in (bank rails), fiat pay-out (bank rails), own IBAN / account no., virtual cards |
| Stablecoins | Yes | No |
| KYC | Yes | Yes |
| Regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania | North America |
| Reported users | — | 59M transacting actives (2025) |
go deeperFull profiles: Strike · Cash App — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.