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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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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PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
April 04, 2023  |  Payment Methods

Online merchants have long used PayPal and Venmo to drive checkouts. But in the current macro environment, for smaller online sellers to move beyond the...

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Spreedly Announces New Integration With PayPal Products
Spreedly Announces New Integration With PayPal Products
March 07, 2023  |  Payment Methods

Spreedly has teamed with PayPal to give customers more ways to pay. The new integration, announced by the payments orchestration platform Tuesday (March 7) lets...

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IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023  |  Gig Economy

The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the...

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Nonprofits Say ‘Thanks For Giving’ as Next Gen Payments Power Contributions
Nonprofits Say ‘Thanks For Giving’ as Next Gen Payments Power Contributions
November 24, 2022  |  Payment Methods

By many accounts, we’re living during a golden age of philanthropy and charitable giving. Urged on by Bill Gates and Warren Buffet, 236 of the...

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Venmo Offers Help for High Inflation Holidays
Venmo Offers Help for High Inflation Holidays
November 22, 2022  |  Mobile Payments

With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says...

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