Lifetime of Achievement: Jack Dorsey

Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has created a fintech empire valued at approximately US$4 billion as of 2025. His ventures span from social media to business payments, consistently promoting open-source and decentralized solutions that challenge traditional financial systems.

Contributions to Fintech and Bitcoin

Dorsey’s most notable impact in fintech is through Block Inc., which has reshaped merchant services and consumer payments. Beyond his Twitter work, he is known as a Bitcoin maximalist, with a vision extending into cryptocurrency infrastructure and mining hardware.

Origins of Square

Founded in 2009, Square began as a point-of-sale system helping merchants accept card payments and manage operations like inventory, payroll, and loans. By 2024, the platform supports over four million sellers and processes US$241 billion annually, evolving into a broad business ecosystem.

Rebranding to Block Inc.

In December 2021, Dorsey renamed Square to Block Inc. to better represent his expanding focus on blockchain technology and the company's diversified businesses beyond payment services.

"The platform now serves over four million sellers and processes US$241bn annually as of 2024, transforming from a simple card reader into a comprehensive business ecosystem."

Jack Dorsey has revolutionized fintech by blending innovation in digital payments with a strong commitment to decentralized and open technologies.

FinTech Magazine — 2025-11-05