By comparison, the Global X FinTech ETF (NASDAQ:FINX) lost about 35% of its value. Source: Sergei Elagin / Shutterstock.com Rising inflation levels and anticipated interest rate hikes have hit SQ stock hard. 7 Stable Energy Stocks for Uncertain Times But since then, Block has since expanded its fintech services, adding the consumer peer-to-peer (P2P) payment ecosystem Cash App and blockchain technology to its offerings.