Jack Dorsey’s Square Inc. became a tech darling on the back of its signature white credit-card readers aimed at small businesses. Nowadays, its consumer-concentrated Cash App digital wallet is stealing the public eye.Gross profit at Square’s Cash App more than doubled in the first three months of 2021, reaching $495 million. The first quarter marked the first time that Cash App’s gross profit surpassed gross profit at Square’s seller segment, which climbed 32% to $468 million.The coronavirus pandemic had a divergent effect on Square’s two major business lines. Inflows into Cash App expanded over the past year as many users deposited their stimulus checks into their digital wallets. They then used the profits to send money to friends and family instantly through Cash App, purchase things online with their Cash App debit cards and acquire bitcoin and stocks through Cash App Investing.Square books a small cost on each of those transactions. The company counted more than 10 million monthly active users of its Cash Card during the quarter. Roughly seven million clients used their Cash Cards every week in March, on Average.