Venmo

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

Venmo begins piloting ‘Business Profiles’ for small sellers

Venmo is going after small businesses. The mobile-payments app announced today it’s piloting a new feature called Business Profiles, which offers small sellers and other sole proprietors the opp

Codat raises $10 million to aggregate all financial data from small businesses

London-based startup Codat has raised a $10 million funding round from Index Ventures. If you’ve ever tried to apply for a loan for your small business or filled out an application for an insurance

Why we’re doubling down on cloud investments right now

We believe that the next generation of transformative cloud companies will emerge even faster as a result of the new normal created by COVID-19.

Venmo prototypes a debit card for teenagers

Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a debit card connected to their account. That could poten

US regulators need to catch up with Europe on fintech innovation 

Consumer fintech adoption in the U.S. lags well behind much of Europe, where forward-thinking regulation has sparked an outpouring of innovation in digital banking services and infrastructure.
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