GITNUX MARKETDATA REPORT 2024

Cash App Sending Amount Statistics

Cash App sending amounts vary based on user behavior and transaction purpose, with users typically sending smaller amounts for peer-to-peer transfers and larger amounts for business-related transactions.

Statistic 1

"On average, a user sends approximately $190 per month through Cash App."

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Statistic 2

"In the last reported year, users on cash apps executed transactions totaling $90 billion."

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Statistic 3

"The Cash App's volume of funds transferred through the platform increased by 153% annually in 2020."

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Statistic 4

"Cash App has generated more than $1.23 billion in bitcoin revenue in Q3 of 2020."

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Statistic 5

"75% of millennial and generation-Z Cash App users sent money through the app on a daily basis in 2020."

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Statistic 6

"The median transaction value for customers using Cash App was roughly $10 in 2020."

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Statistic 7

"The average Cash App user in the U.S transacts slightly over 15 times per month."

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Statistic 8

"Cash App's Bitcoin service accounted for more than half (about 56%) of Square's revenue in Q3 2020."

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Statistic 9

"In January 2020, Cash App's payment volume per user reached $41 for every active user on a daily basis."

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Statistic 10

"In 2018, Cash App revenue was $529 million excluding Bitcoin. It grew by 140% from the prior year."

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Statistic 11

"Since Q3 2017, each new Cash App monthly active user has resulted in $20 incremental gross profit on average annually."

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Statistic 12

"Cash App transactions contributed to approximately $1.63 billion in net revenue in Q1 2021."

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Statistic 13

"In Q3 2020, Cash App's gross profit increased by 167% year-over-year to $385 million."

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