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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Mezu: What It Would Take To Replace Cash
Mezu: What It Would Take To Replace Cash
June 14, 2018  |  Payment Methods

When Yuval Brisker landed in Tel Aviv for a family function, he didn’t have time to stop at a bank and exchange money before hopping...

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Square App Is Closing In On PayPal’s Venmo
Square App Is Closing In On PayPal’s Venmo
May 17, 2018  |  Mobile Payments

Square may be closing in on PayPal a bit, with the company’s monthly downloads of the Square Cash app increasing at a faster rate. Barron’s,...

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Active Daily Orders Come Up Short For Grubhub In Q1
Active Daily Orders Come Up Short For Grubhub In Q1
May 01, 2018  |  Earnings

Growth from markets that do not include major cities fueled Grubhub’s revenue growth in the first quarter of 2018, an increase that beat analyst expectations....

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PayPal Reaffirms Its Commitment To Financial Inclusion
PayPal Reaffirms Its Commitment To Financial Inclusion
April 26, 2018  |  Earnings

There was a lot going on during PayPal’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across...

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PayPal Adds 8M Active Users, Grows Mobile Volume 52 Percent 
PayPal Adds 8M Active Users, Grows Mobile Volume 52 Percent 
April 26, 2018  |  Earnings

“I’m pleased to say PayPal had another quarter of great results and we’re off to a great start in the new year,” CEO Dan Schulman...

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Grubhub Rolls Out Venmo Integration
Grubhub Rolls Out Venmo Integration
April 17, 2018  |  Mobile Payments

To offer customers more convenient payment options, Grubhub is adding Venmo to its platform. With the new functionality, consumers will have an easier way to...

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Data Dive: Embracing The Uncertainty Edition
Data Dive: Embracing The Uncertainty Edition
March 26, 2018  |  Data Dive

Despite living in a world awash in data, it’s surprising how much our lives are defined by uncertainty. What’s coming next is hard to measure...

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Venmo Puts Pause On Instant Transfers
Venmo Puts Pause On Instant Transfers
March 23, 2018  |  Mobile Payments

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. According to The Verge,...

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Women Use Venmo To Show Solidarity For ‘Bachelor’ Contestant
Women Use Venmo To Show Solidarity For ‘Bachelor’ Contestant
March 06, 2018  |  Payment Methods

Last night’s “The Bachelor” season finale saw star Arie Luyendyk Jr. dump his new fiancée, Becca Kufrin, to begin a relationship with runner-up Lauren Burnham....

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