Block Acquires Music-Focused Fintech Startup Hifi

Key Points:

• Block, formerly known as Square, has acquired Hifi, a music-focused fintech startup.
• Hifi founder and CEO Damian Manning made the announcement of the acquisition in a LinkedIn post.
• The acquisition aligns with Block’s mission of economic empowerment through financial technologies.

Closing Paragraph:

In a harmonious move, Block has acquired Hifi, a fintech startup with a passion for music. The acquisition not only expands Block’s services but also strengthens its commitment to economic empowerment. Looks like Block is turning up the volume on innovation!

Original Article:https://techcrunch.com/2023/10/12/block-acquires-music-financial-services-startup-hifi/