Founder of Cash App Bob Lee Fatally Stabbed in San Francisco Neighborhood

Bob Lee, the founder of the Cash App mobile payment platform, was fatally stabbed in San Francisco early Tuesday morning. As of this writing, police have not officially identified a suspect or motive, but say the attack occurred in the city’s relatively affluent Rincon Hill neighborhood around 2:30 a.m.

Lee, 46, who was reportedly visiting from his Miami home for work, was currently an executive at cryptocurrency startup MobileCoin. He was previously the CTO of Square (now known as Block), a payments platform launched in 2010 by Twitter founder Jack Dorsey.

Lee’s death comes as San Franciscans raised concerns about safety and crime, calling former district attorney Chesa Boudin last summer. Data reported by the city suggests that homicides and assaults have remained relatively stable during the pandemic, while thefts and robberies have roughly doubled (see data).

Police say an investigation into the murder is ongoing.