Owen Jennings from Block says this update is especially for folks with unpredictable incomes (think freelancers, gig workers, and entrepreneurs) who need more control over their cash flow.
The feature uses dynamic loan limits based on the original transaction amount and individual customer assessment, and aims to keep things responsible with built-in safeguards to help users avoid debt traps.
Jennings also pointed out that Cash App wants to do better than typical "buy now, pay later" options by focusing on user well-being.