Venmo

Twitter Tip Jar lets you pay people for good tweetin’

Twitter today confirmed earlier reports that it’s testing a new Tip Jar feature. The new addition utilizes a number of different payment platforms, including PayPal, Venmo, Patreon, Cash App and Ban

Wealthsimple raises $610M at a $4B valuation

Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, an

Venmo adds support for buying, holding and selling cryptocurrencies

Venmo is adding support for cryptocurrency, starting today. The company says it will begin to roll out the ability for Venmo’s more than 70 million users to buy, hold and sell cryptocurrencies d

Homebrew backs Higo’s effort to become the ‘Venmo for B2B payments’ in LatAm

The B2B payments space has been on fire for a while, and the COVID-19 pandemic has only fueled mass adoption of digitizing finances. In regions like Latin America, the need for innovation in the secto

Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever

The COVID-19 pandemic has accelerated digital adoption in a way that no one could have ever anticipated, and as more people conduct more services online and via mobile devices, businesses have had to

Venmo to gain crypto, budgeting, savings and Honey integrations this year

The Venmo mobile payments app is going to look very different in 2021 as it inches closer to neobank territory with expansions into budgeting, saving and cryptocurrency, said Venmo parent company PayP

Berlin’s Remagine secures $24M to finance high-growth and impact-led startups

Remagine, a financing platform offering banking services to high-growth companies with an ‘impact’ twist, has raised €20 million ($24M) in a Seed funding round. The Berlin-based startup has been

Venmo adds a check-cashing feature, waives fees for stimulus checks

Venmo this morning announced it will begin to offer a new check-cashing service, “Cash a Check,” in the Venmo mobile app. The feature, which is being rolled out to select users starting to

Teen banking service Step raises $50M, adds TikTok star Charli D’Amelio to investor list

Step, a mobile banking service aimed at teens, announced this morning it has raised $50 million in Series B funding after growing to over 500,000 users only two months after its official launch. The r

Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments

JoomPay, a startup with a similar product to PayPal-owned Venmo in the U.S., is set to launch in Europe shortly after being granted a Luxembourg Electronic Money Institution (EMI) license. The app all

CVS becomes first national retailer to offer support for PayPal and Venmo QR codes at checkout

PayPal announced this morning that its customers can now use either PayPal or Venmo QR codes when checking out at more than 8,200 CVS retail stores across the U.S. This is the first national retailer

PayPal details its digital wallet plans for 2021, including crypto, Honey integration and more

PayPal this week laid out its vision for the future of its digital wallet platform and its PayPal and Venmo apps. During its third-quarter earnings call on Monday, the company said it plans to roll ou

Lyft will soon let riders pay for rides with Venmo

Lyft riders will soon have the option for paying and splitting fares using Venmo, the company said in a blog posting this morning. Venmo joins Lyft’s other payment methods of PayPal, credit card

Freelancer banking startup Lili raises $15M

It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding — namely, a $15 million Series A. The startup, founded by CEO Lilac Bar

Gen Z spends 10% more time in non-game apps than older users

A new report released today by App Annie digs into how Gen Z consumers engage with their smartphones and mobile apps. According to data collected in Q3 2020, Gen Z users spend an average of 4.1+ hours

Daily Crunch: Venmo launches a credit card

Venmo’s first credit card is here, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5, 2020. The big story: Venmo

Venmo launches its first credit card, offering up to 3% cash back, personalized rewards

Last October, Venmo announced it would launch its first credit card sometime in 2020. Today, the PayPal-owned company is making good on those promises with the debut of the Venmo Credit Card, initiall

PayPal, Visa expand Instant Transfers for fast payouts globally on all PayPal’s networks

The COVID-19 pandemic continues to put huge stress on people’s and businesses’ finances, and in an effort to meet some of the crunch, today PayPal and Visa announced an expansion of a serv

Palantir and the great revenue mystery

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.

PayPal and Venmo QR Code checkout is coming to 8,200 CVS stores in Q4

PayPal has struck a deal with CVS Pharmacy to offer the ability to check out using PayPal’s payment services, including both PayPal and Venmo, at the register. The company announced this morning
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