Cash App, the bitcoin-friendly payments app from Square, has officially announced stock trading support. With Cash App, users can purchase fractional shares of publicly traded companies with as little as one dollar.
"You don’t need to buy an entire share to make your first investment," Cash App noted from its official Twitter account. The firm also added that the stock investment feature will be "rolling out to everyone soon."
Bloomberg first reported Square's plan to test free stock trading in Cash App back in September. Earlier this month, Brokerage giant Charles Schwab announced plans to allow its traders to purchase fractional shares of stocks.