Cash App is now a phone company. Or at least, it’s trying to be.

The Block-owned fintech platform has begun rolling out Cash App Mobile, an MVNO service running on AT&T’s network that offers unlimited talk, text, and 5G data for a flat $40 per month, taxes and fees included. The service is currently available to select users, with a broader launch planned in the coming months.

The fintech-to-telco pipeline is real

Cash App Mobile is powered by Gigs, the same infrastructure provider behind Klarna’s mobile service, which launched in June 2025 with identical $40 pricing. Sezzle followed with its own connectivity play in February 2026.

The $40 price point undercuts the big three carriers’ unlimited plans by a meaningful margin while matching what Klarna charges for its identical Gigs-powered service.