Bob Lee, a technology executive who founded the mobile payment company Cash App and previously worked at Square, died Tuesday after he was stabbed near downtown San Francisco, according to his family and police.

San Francisco police said officers responded to a report of a stabbing around 2:35 a.m. Tuesday. The officers found Robert Lee, 43, with apparent stab wounds. He was taken to a hospital and died of his injuries, police said.

Police Chief Bill Scott said in a statement Wednesday night that the investigation is in its early stages and he called it a horrific crime.

The incident is under investigation by the police department’s homicide detail, the department said.

source nbcnews.com