Snapcash news and trends

The P2P Platform Startup That Wants To Pick Up Where Venmo Leaves Off
Startup Check-In // July 21, 2017

Vouchr co-founders, Robert Balahura and Suresh Bhat, say there’s a lot of noise in the P2P payments space and a lot of players making that noise. Apps like Square Cash, Snapcash, Messenger, Venmo and newcomer Zelle are all in the business of making the process...

USDA Pushes To Include Food Stamps In Online Commerce
Regulation // September 16, 2016

The USDA is attempting to recruit retail volunteers to join up for a two-year, nationwide pilot program that would allow low-income consumers to use SNAP benefits (historically known as “food stamps”) to purchase groceries online. According to reports, the USDA will select three to five retailers...

Facebook Rolls Out Pay-Your-Friend Messenger App to New York
Alternative Finances // May 28, 2015

Facebook is adding New York and the surrounding metro area to its list of U.S. cities in which users are able to send or receive money between friends via Messenger, reports TechCrunch. The free feature was launched in March of this year and is available...

Snapchat Springs Investment Into Shopping App
Mobile Commerce // May 26, 2015

Photo-sharing service Snapchat is investing in Spring, a shopping app launched in August 2014, according to a May 22 story from Re/code. Only three weeks ago, Spring closed a $25 million investment and — after eight months iOS-only — launched an Android version of its...

Quick Reads
Snapchat Exits P2P

July 23, 2018
Snapchat is closing down Snapcash, its peer-to-peer payment space, on August 30. According to reports, there is code buried in Snapchat’s Android app that has the following message: “Snapcash will no longer be available after %s [date]”. The end of the feature also ends the company’s four year partnership with Square. Although Snapcash was meant […]

Facebook Rolls Out Pay-Your-Friend Messenger App to New York

May 28, 2015
Facebook is adding New York and the surrounding metro area to its list of U.S. cities in which users are able to send or receive money between friends via Messenger,...