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Cash App is now a phone company. Or at least, it’s trying to be.
The Block-owned fintech platform has begun rolling out Cash App Mobile, an MVNO service running on AT&T’s network that offers unlimited talk, text, and 5G data for a flat $40 per month, taxes and fees included. The service is currently available to select users, with a broader launch planned in the coming months.
The fintech-to-telco pipeline is real
Cash App Mobile is powered by Gigs, the same infrastructure provider behind Klarna’s mobile service, which launched in June 2025 with identical $40 pricing. Sezzle followed with its own connectivity play in February 2026.
The $40 price point undercuts the big three carriers’ unlimited plans by a meaningful margin while matching what Klarna charges for its identical Gigs-powered service.
Where Bitcoin fits into a phone plan
Cash App has confirmed plans to connect the mobile service to its Cash App Green rewards program and Cash App Families, its feature set for managing supervised child and teen accounts.
Block has been integrating Bitcoin into Cash App since 2018, offering trading, Lightning Network support, and crypto-linked rewards. The Green rewards program already ties everyday spending to benefits within the app. Connecting a monthly wireless bill to that same rewards infrastructure could mean users earn Bitcoin rewards simply for paying their phone bill.
Block’s CEO Jack Dorsey has been vocal about the company’s Bitcoin-first strategy for years. The company holds Bitcoin on its balance sheet and has dedicated engineering teams working on Bitcoin mining hardware and the Lightning Network.
What this means for the competitive landscape
Block’s terms of service were updated on June 8, 2026, in connection with the new mobile offering, suggesting the legal and operational groundwork is already in place for a wider rollout.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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