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Venmo

Digital / mobile walletE-commerce checkoutNorth AmericaRevised 2026-10-21 · 5 sources
Customers
95,400,000
Currencies
1
USD

About

Venmo is a US peer-to-peer payments app, launched in 2009 and owned by PayPal. Users pay friends, split group expenses and schedule payments in the app, often adding emoji notes, and can spend the same account through Pay with Venmo at thousands of online and in-app checkouts, or with the Venmo Debit Mastercard issued by The Bancorp Bank, N.A. Its origin as a social P2P app, rather than a checkout wallet, is what separates it from PayPal's main wallet. PayPal reported $1.7 billion of Venmo revenue excluding interest income for 2025, 67 million monthly active accounts in Q4 2025, and Pay with Venmo volume up 32% in that quarter.

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