Dorsey’s Block Plans to Shut Its Cash App Platform in the UK

Block Inc.’s consumer-payments platform, Cash App, plans to close its UK operations, six years after debuting its services there.

The platform, which provides money transfers via a mobile app, will shut on Sept. 15, the company told customers on Thursday. The UK was Cash App’s first international market when it launched there in 2018.

“We do not make decisions like this lightly, as we know they impact our customers, our partners and our team members who have helped us build to where we are today,” the firm said in a notice on its website. “In recent months, we have ...