SAN FRANCISCO (Reuters) – Block Inc (SQ.N)-owned Cash App’s founder Bob Lee was stabbed to death in San Francisco on Tuesday, according to a Facebook post shared by his father.
The San Francisco Police Department said late on Tuesday that a 43-year-old man was stabbed early in the day and succumbed to injuries in the hospital. The department’s statement, which did not name the victim, said the incident was being investigated and no arrests had been made.
Cash App allows users to transfer money through a mobile application and is touted by the company as an alternative to traditional banking services.
Block was not immediately available for comment.
Lee was the chief product officer for cryptocurrency company MobileCoin, where he was also previously an early-stage investor and adviser, the company said on Twitter.