Neha Narula Joins Block Board of Directors
Neha Narula, director of MIT Media Lab’s Digital Currency Initiative, has joined the board of payments company Block. Narula, who previously worked at Google, brings her expertise in open source software and the transformation of financial systems to Block’s mission of economic empowerment. She joins Block founder Jack Dorsey and Shawn “JAY-Z” Carter on the board.
Key Points:
– Narula’s focus on building intuitive and efficient systems aligns with Block’s purpose.
– Block’s retail payments application, Cash App, has driven the company’s revenue growth.
– Block’s stock has seen a 17.2% increase since the start of the year.
Hot Take:
Neha Narula’s appointment to Block’s board of directors strengthens the company’s commitment to transforming the financial system and empowering individuals. With her expertise in open source software and scaled systems, Narula is well-suited to contribute to Block’s mission of economic empowerment. This strategic move, along with the growth of Cash App, positions Block for further success in the cryptocurrency industry.
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