Cash App to sell its credit score

Group 1 - Block is expanding the reach of its internal Cash App credit scores, aiming to attract lenders interested in data on non-traditional payments and installment loans [8] - The company has developed an internal scoring system that incorporates data from Cash App Borrow and Afterpay to assess borrower creditworthiness, with the goal of improving access to the financial system [5][6] - Block is in discussions with several potential lending partners and plans to officially start collaborations within the year, while also inviting partners to join a waitlist for access to Cash App Score [8][4] Group 2 - The integration of non-traditional payment data, such as buy now, pay later transactions, into credit scores is evolving, with credit bureaus beginning to adopt these practices [6] - Affirm Holdings has started reporting BNPL transactions to Experian, and FICO announced plans to track BNPL transactions for credit bureaus [6] - Block's spokesperson indicated that third-party lending partners will be able to incorporate Cash App scores into their underwriting processes, although specific details on requirements were not disclosed [4][7]