Cash App settlement: crucial eligibility and payout details revealed — Washington State residents who received unsolicited referral texts from Cash App stand to gain between $88 and $147, following a $12.5 million class‑action settlement with Block Inc. Recent reports confirm over 2 million potential beneficiaries, making this one of the most significant fintech settlements of 2025.
By expanding on these early details and adding clarity around payout mechanics, claim processes, and wider regulatory context, this article offers readers unmatched guidance, positioning your blog as the definitive resource.
What triggered the settlement?
In November 2023, Washington resident Kimberly Bottoms sued Cash App’s parent company, Block Inc., accusing it of launching unauthorized referral texts under the “Invite Friends” feature. The suit alleged violations of:
- The Washington Consumer Electronic Mail Act
- The Washington Consumer Protection Act
These messages were sent to individuals who hadn’t opted in, prompting legal scrutiny under the state’s strict consumer privacy laws. Block, while denying wrongdoing, chose a settlement over litigation, totaling $12.5 million.
Who’s eligible for payouts—and when?
Only Washington residents with a Washington‑based phone number who received at least one unsolicited Cash App referral text between November 14, 2019, and a yet‑to‑be‑finalized end date are included.
Draft notices via email and mail are expected soon, alerting around 2 million potential claimants.
How much can you receive?
With legal fees and admin costs deducted, individual payments will depend on the total number of valid claims:
- $147 per claimant if claims remain low
- $88 per claimant if participation reaches around 200,000
- Actual amounts will be calculated pro rata
An estimated range of $88–147 ensures fair distribution while maximizing individual benefit for quick filers.
Step‑by‑step: Filing your claim
Although the claims site is not yet live, here’s how you can prepare:
- Monitor official notices—via mail, email, and online alerts from class‑action sites.Hofman Group
- File promptly once open—likely late 2025.
- Provide your Washington phone number and confirm receipt of referral texts.
- Choose how you’d like to be paid—Venmo, PayPal, or mailed check options are expected.
No proof of account ownership is required, as long as you meet residency and receipt criteria.
Why this settlement matters (and what’s next)
This settlement reflects growing regulatory scrutiny of Cash App and fintech broadly:
- In April 2025, Block agreed to pay $40 million to New York regulators for anti‑money‑laundering compliance failings.
- In January 2025, Block paid $40 million to settle multi‑state compliance oversight issues.
- In June 2024, Cash App resolved a $15 million breach‑related settlement for data incidents between 2021 and 2023.
These cases underline growing regulatory expectations: fintech platforms must now prioritize consumer consent, privacy, and robust compliance.
What you should do now
- Double‑check your messaging history (November 2019 onward).
- Keep phone records active—your number must match court‑verified data.
- Watch for official updates and file early to maximize payout.
- Stay informed by monitoring reputable legal‑alert sources to avoid scams and fake notices.
Conclusion
If you’re a Washington resident with Cash App referral texts from late 2019 onward, you’re potentially entitled to $88–147 from a $12.5 million settlement—but only if you act. The clearer your phone records and the quicker you file, the better your chances of a higher payout.
This settlement also signals a broader shift: fintech companies will face elevated compliance demands. Your participation not only secures your payout, but it also holds Cash App accountable.
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