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)

Microsoft Offers Customers PayPal’s BNPL Solution
Microsoft Offers Customers PayPal’s BNPL Solution
July 26, 2023  |  Partnerships

Microsoft says its customers can now use PayPal’s buy now, pay later (BNPL) solution. That announcement Wednesday (July 26) is part of the tech giant’s expanded partnership with PayPal, with...

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PayPal Announces Return of Venmo Small Business Grant Program
PayPal Announces Return of Venmo Small Business Grant Program
July 24, 2023  |  SMBs

PayPal Holdings has announced the return of the Venmo Small Business Grant. This second iteration of the grant program will provide 20 small businesses with financial grants...

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Senators Demand Answers From Venmo and Cash App on Fraud
Senators Demand Answers From Venmo and Cash App on Fraud
June 16, 2023  |  Security & Fraud

A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren...

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Venmo Debuts Digital Account and Debit Card Aimed at Teens
Venmo Debuts Digital Account and Debit Card Aimed at Teens
May 22, 2023  |  Payment Methods

The quest to tap into teen spending took a step forward with the launch of the Venmo Teen Account, which also comes with a Venmo...

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PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
May 08, 2023  |  Earnings

PayPal’s latest earnings results show users are transacting more often, and buy now, pay later is increasingly embraced at checkout. The company’s earnings materials show...

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Vera Equity Launches $20 Million Fund Focused on Early-Stage FinTechs
Vera Equity Launches $20 Million Fund Focused on Early-Stage FinTechs
May 01, 2023  |  Fintech Investments

Vera Equity has launched with a $20 million fund focused on early-stage FinTech companies. The new venture capital (VC) firm has invested in 20 FinTech...

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Venmo to Begin Enabling Crypto Transfers in May
Venmo to Begin Enabling Crypto Transfers in May
April 28, 2023  |  Cryptocurrency

Venmo will soon enable its customers to transfer cryptocurrency. With a new feature that will be rolled out beginning in May, Venmo customers will be...

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Rising P2P Payments Driving Demand for More Seamless Money Movement Options
Rising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023  |  Payment Methods

Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend...

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Visa+ Gives Consumers Option to Send P2P Payments to Anyone
Visa+ Gives Consumers Option to Send P2P Payments to Anyone
April 11, 2023  |  Payment Methods

We’ve all done this dance.   You want to send money to another person — you have a Venmo account, but they don’t. They have a...

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