Cash App is one of the most well-known US fintech startups, allowing customers to transfer and receive money instantaneously and for free.
Cash App is only available in the United States and the United Kingdom, thus it cannot be used worldwide.
This implies that if you are not a resident of the United States or the United Kingdom, you will be unable to establish a Cash App account. Cash App does not enable cross-border payments (just between the United States and the United Kingdom), thus you cannot send or receive money from other countries. So, whether you live in Canada, Brazil, Europe, India, China, Australia, or New Zealand, you’ll need to hunt for alternatives.
Cash App Alternatives
If what you’re looking for is a digital bank: a service that allows you to send, receive, spend, and convert your money easily and at a low cost, then these are some alternatives to the Cash App for international users:
PayPal
A global online platform for sending and receiving money for personal and business transactions. Paypal is available in more than 200 countries around the world, including the U.S., U.K., India, China, Australia, and New Zealand.
Monese
Monese is a digital bank that you can use on your smartphone, focusing on setting up accounts quickly while offering free international transfers. You can currently use Monese in 31 countries in EEA.
N26
A popular digital bank based in Germany. N26 is available in 22 European countries and the US.
Wise
An excellent international money transfer and collection service specialising in low cost foreign transactions.
Revolution
One of the fastest-growing digital banks. Revolut offers free transactions, low-cost currency exchange, and even the possibility to invest in stocks, cryptocurrencies, and precious metals.
Vivid Money
Vivid is a Germany-based digital bank whose users can send and request money from other users for free. At the same time, they can invest in stocks, ETFs, cryptocurrencies and commodities. To sign up for Vivid, you need to live in EEA.
WealthSimple
The Canadian equivalent of a cash app. Allows users to send and receive money, invest in stocks and cryptocurrencies, and more.