Square’s Venmo competitor — the Cash app — had more than seven million customers in December

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“On Tuesday, Square revealed for the first time how many customers use the Cash app, and it’s a big number — seven million in the month of December alone, the company said in its quarterly letter to shareholders. (These “active customers” either received or sent money using the Cash app in the month of December. That means people who merely opened the app are not counted in the metric.)”