Venmo

paymentsp2p payments

FOUNDING YEAR: 2009
LOCATION:
Last Update: 03/07/2020

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About

Venmo offers an app that allows users to share and make payments with friends for a variety of services. Venmo's iPhone and Android apps allow you to make and share payments with friends for rent, utilities, dinner, drinks, movies, concert tickets, birthdays, laughs and anything else.

Focus

PRODUCTS & SERVICES

Social payments mobile app It allows users to easy transfer money between one another using a mobile phone app or web interface.

REVENUE MODEL

Venmo charges users 3% fees for per payment for credit cards and non-major debit cards

Traction

VALUATION / MARKET CAP:

$26.2 M in 2015

TRANSACTIONS VALUE:

$700 M

Momentum

FUNDED

YES

TOTAL FUNDING

$1.2 M

DATE OF LAST FUNDING

Aug 2011

SEED & PRIOR FUNDING

$1.2 M

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

Views:

283 VISITORS | 442 VIEWS
LATEST FUNDING ROUND

$1.2 M

TOTAL EMPLOYEES
51-200

About

Venmo offers an app that allows users to share and make payments with friends for a variety of services. Venmo's iPhone and Android apps allow you to make and share payments with friends for rent, utilities, dinner, drinks, movies, concert tickets, birthdays, laughs and anything else.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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