Venmo

Venmo is a mobile payment service owned by PayPal. Venmo account holders can transfer funds to others via a mobile phone app; both the sender and receiver have to live in the U.S. Venmo is a type of payment rail. It handled $31 billion in transactions in the first quarter of 2020.

Source: venmo.com

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PayPal Shares Slide as Transaction Growth Per Active Account Slows

PayPal Shares Slide as Transaction Growth Per Active Account Slows
PayPal Shares Slide as Transaction Growth Per Active Account Slows
February 04, 2025  |  Earnings

PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives. Get the Full Story...

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Will Visa Deal Give X Money Momentum vs Neobanks?
Will Visa Deal Give X Money Momentum vs Neobanks?
January 28, 2025  |  Digital Payments

Elon Musk’s bid to make X into the “everything app” may have gotten a bit of a boost — where the newly-announced pact with Visa...

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FinTech Ad Spending Climbs 45% in Last 3 Years
FinTech Ad Spending Climbs 45% in Last 3 Years
January 05, 2025  |  Fintech Investments

FinTechs are reportedly boosting marketing in bigger cities to attract a wider customer base. Get the Full Story Complete the form to unlock this article...

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Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
November 21, 2024  |  Regulation

The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. Get the Full Story Complete...

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PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
November 21, 2024  |  Technology

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21). Get the Full Story Complete the form to unlock...

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Hallmark Bridges Digital Gifting With Real-World Touches
Hallmark Bridges Digital Gifting With Real-World Touches
November 01, 2024  |  Gift Cards

As the holiday season approaches, the quest for the perfect gift intensifies. With consumers increasingly seeking personalized and convenient gifting solutions, Hallmark has introduced Gift...

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PayPal Reports BNPL Bounce, More Focus on Financial Services
PayPal Reports BNPL Bounce, More Focus on Financial Services
October 29, 2024  |  Earnings

With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer...

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Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
October 02, 2024  |  Payment Methods

Venmo is reportedly giving users an easier way to make repeat or scheduled payments. Get the Full Story Complete the form to unlock this article and...

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PayPal Business Account Holders Can Buy, Hold, Sell Crypto
PayPal Business Account Holders Can Buy, Hold, Sell Crypto
September 25, 2024  |  Cryptocurrency

PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business...

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