Venmo

  • Verse banks $8.3M Series A to accelerate its p2p payments play in Europe

    Verse banks $8.3M Series A to accelerate its p2p payments play in Europe

    Another player in the packed p2p payments space is announcing an $8.3 million Series A funding round today. SF and Barcelona based Verse is gunning to be the Venmo of Europe — given Venmo hasn’t yet shown an inclination to expand its mobile social payments app outside the US. Read More

  • Zelle p2p payments push to compete with Venmo now has 19 US FI backers

    Zelle p2p payments push to compete with Venmo now has 19 US FI backers

    The US finance industry might finally be getting its ducks in order to compete with the likes of PayPal-owned social payments platform Venmo. Today bank network operator Early Warning announced it has 19 US financial institutions signed up to a forthcoming payments network called Zelle, due to launch in early 2017. Read More

  • The race to be the all-in-one app Crunch Network

    The race to be the all-in-one app

    There’s no denying that app fatigue is posing a challenge not just for new app discovery, but for new behavior discovery. So why don’t the most popular apps just enable the latest, greatest use cases and create an “open loop,” networking their existing apps? This article examines how the big players are campaigning to be the all-in-one app — and who stands a chance… Read More

  • A kid held up a sign with his Venmo ID on ESPN and thousands of people sent him money

    A kid held up a sign with his Venmo ID on ESPN and thousands of people sent him money

    Each Saturday during the college football season ESPN hosts College GameDay, an pre-game show with a bunch of football experts and hundreds of screaming college kids in the background. Today one of those screaming college kids was Sam Crowder, a student who brilliantly decided to hold up a sign with his Venmo username asking his mom to send him beer money. Cue the Internet, and instead of… Read More

  • Developing a global financial architecture Crunch Network

    Developing a global financial architecture

    The movement of capital around the globe is of paramount importance to an increasingly globalized society. As companies, workers and jobs become more fluid across permeable borders, it will become increasingly necessary to move money freely without arduous costs or constraints. Yet no comprehensive solution exists today that resolves the issues damming the flow of capital across borders. Read More

  • Tilt dives into one-to-one payments

    Tilt dives into one-to-one payments

    Here’s a sentence you might not have expected to read: a service built around crowdfunding is building in a one-to-one payments option in what might be one of the most increasingly crowded spaces in the U.S. That’s what Tilt, an app geared toward crowdfunding events like parties or travel plans, is hoping will make its service even more sticky and a one-stop destination for… Read More

  • Navigating mobile content with app streaming Crunch Network

    Navigating mobile content with app streaming

    People are very comfortable streaming movies, TV, music, video games and more. However, the idea of streaming apps on mobile devices, for better or worse, has lagged far behind. Increasingly, however, people are becoming sick of downloading apps; they want content and services instantly. App streaming is relatively new, but has the potential to transform how we engage with mobile content. Read More

  • You can now use Venmo to pay for things inside other apps

    You can now use Venmo to pay for things inside other apps

    In January Venmo announced that users will soon be able to use Venmo to pay inside other apps, similar to how most e-commerce apps already offer PayPal or Apple Pay as payment options. And now (well, technically tomorrow) the feature is leaving beta and will be available to all Venmo users. The feature will make it easy for anyone with Venmo to quickly pay in other apps. Users will first… Read More

  • “Clean Diesel” agency spams Venmo customers for charity donations

    “Clean Diesel” agency spams Venmo customers for charity donations

    The WaterIsLife charity discovered a Venmo loophole, enabling it to blast its message to a thousand unsuspecting people earlier this week. By sending $0.01 to folks who were appearing in the Venmo feed, it was able to advertise the charity to hundreds of people. Their shitty marketing stunt kicks open the floodgate for yet another channel of spam coming at you from all sides. Yay. Read More

  • PayPal makes money every time you use Uber, Airbnb

    PayPal has been going through some big changes since separating from eBay last year. The company recently introduced a redesigned app and is now monetizing its popular peer-to-peer payments app, Venmo. Already with 18 million users, PayPal is expanding its One Touch checkout to 120 new countries. Read More

  • Venmo Halts New Developer Access To Its API

    Venmo Halts New Developer Access To Its API

    This is not how you run a platform. Developers remember. Pull the rug out from under them once, and they’ll be reluctant to stand with you in the future. So despite having a record-setting January with $1 billion transferred in its peer-to-peer payments app, Venmo just shot itself in the foot. After six years of providing an API for developers to build experiences atop its money… Read More

  • Venmo Opens Its Payment Service To Third-Party Apps

    Venmo Opens Its Payment Service To Third-Party Apps

    Venmo, the peer-to-peer payment service owned by PayPal, has now become a payment platform after it opened up to third-party apps and services. Read More

  • Apple May Launch Venmo Competitor

    Apple May Launch Venmo Competitor

    Apple is in talks with banks to launch a mobile payments service, according to a report from the Wall Street Journal. The product would compete with Venmo, the mobile peer-to-peer service from PayPal. The platform, which could be launched as soon as 2016, would link bank accounts with Apple devices. Users could instantly transfer money from one person’s checking account to… Read More

  • How Venmo Won In One Of The Most Crowded Spaces In Tech Crunch Network

    How Venmo Won In One Of The Most Crowded Spaces In Tech

    Seamless peer-to-peer mobile payments have been considered inevitable for quite a while. And for good reason: One experience figuring out the bill at a group dinner party or splitting the cost of a wedding gift and you understand the headache that can be caused by friends dealing with money. Who wants to deal with cash or checks when you can send money in a tap? Read More

  • TC Cribs: Venmo’s NYC Headquarters Is On The Money

    Today’s episode of Cribs had us criss-crossing the country to New York City, where mobile payments juggernaut Venmo has made its home. Venmo has become enough of a phenomenon that it has become a verb in many circles — “I’ll Venmo you the cash I owe for dinner” is not an unusual thing to overhear — so it was fun to go to their office in person to see where… Read More

  • Split Lets You Split The Bill Fairly, Not Equally

    Split Lets You Split The Bill Fairly, Not Equally

    There are a number of apps out there that are made to help you split a bill at a restaurant, but even super ubiquitous ones like Venmo don’t offer a truly seamless experience. At today’s Disrupt NY Hackathon, Venmo software engineer and developer evangelist Cassidy Williams built an app that makes splitting the bill as easy as taking a picture. Read More

  • Splittable App Makes A Play For Renters Who Have To Split Apartment Costs

    Splittable App Makes A Play For Renters Who Have To Split Apartment Costs

    We’ve seen how Venmo has taken off in the US for when people want to split things like shared restaurant bills. Now a UK startup has come up with an app which it claims will make it easier to share expenses when sharing an apartment. According to the UK’s Office of National Statistics, the country has over ten million young renters driven into sharing apartments because of… Read More

  • The Payments Tipping Point Will Be In 2015 Crunch Network

    The Payments Tipping Point Will Be In 2015

    Payments are finally cool. And the more than 1,500 payments startups on Angel List that believe they have cracked the code to solve a piece of the payments puzzle attest to this. Given all the noise in the tech community this year with the introduction of technologies like One Touch payments and Apple Pay, you would think that digital payments have taken over the wo Read More

  • Dasher Teams Up With Venmo To Bring Peer-To-Peer Payments To Its Messaging App

    Dasher Teams Up With Venmo To Bring Peer-To-Peer Payments To Its Messaging App

    It’s not a secret that Facebook is considering adding payments to its Messenger app. The company poached PayPal CEO David Marcus to lead the unit and evidence of a feature were unearthed by a computer science student last month — but if and when it finally arrives, what will Facebook Messenger payments look like? Read More

  • Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger

    Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger

    Facebook Messenger is all set up to allow friends to send each other money. All Facebook has to do is turn on the feature, according to screenshots and video taken using iOS app exploration developer tool Cycript by Stanford computer science student Andrew Aude. Messenger’s payment option lets users send money in a message similar to how they can send a photo. Users can add a debit card… Read More