Venmo

Venmo targets young consumers and parents with new teen accounts and debit card

Venmo announced today that it’s introducing teen accounts, allowing parents and legal guardians to open a Venmo account for their teenagers so they can send and receive money. The account, which

Mastercard, PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’

A number of brand-name mainstream financial institutions have been rolling out new crypto products and services in an attempt to make the space more accessible.

Visa partners with PayPal, Venmo and others to power interoperable digital payments

Visa is partnering with a host of financial service and payment companies for a new interoperable peer-to-peer (P2P) payment offering, one that allows people to transfer money to friends even if they

Venmo adds in-app charitable donations, redesigned ‘send money’ screen

PayPal-owned Venmo is today rolling out two changes to its peer-to-peer payments app, including the ability to donate to charities through Venmo as well as a redesigned money-sending experience. The l

After Stripe and Square, Venmo and PayPal are set to support Apple’s Tap to Pay on iPhones

PayPal announced Thursday that it will soon support Apple’s Tap to Pay on iPhones. The company said in its Q3 2022 earnings report that both PayPal and Venmo will soon support this tech as a par

Amazon now allows customers to make payments through Venmo

Amazon announced that it will now allow customers to make payments through Venmo on its platform. The company said this option will be available to select customers starting today and will roll out to

Venmo rolls out ‘Charity Profiles’ to allow charities to raise funds directly within its app

Venmo is launching a new feature called “Charity Profiles” that will allow charities to raise funds and receive donations directly within its app, the PayPal-owned company announced on Mon

This Gen Z founder is pitching hundreds of investors… via Venmo

My phone buzzes as I get a text from a friend who’s a partner at a VC firm. It’s a screenshot of a Venmo notification that just came in. “My 2 cents on why you should invest in my co

PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers

PayPal is expanding further into the charitable donations business with this morning’s launch of support for Grant Payments, the company has announced. The new product has been created in partne

The next decade for health tech may look a lot like the last decade for fintech

Will healthcare startups tap into new regulatory guidelines with the same fervor that fintech founders have over the last decade?

AWS expands its serverless offerings

At its AWS Summit San Francisco, Amazon’s cloud computing arm today announced a number of product launches, including two focused on its serverless portfolio. The first of these is the GA launch

PayPal and Venmo to increase instant transfer fees in the US

PayPal and Venmo are increasing their instant transfer fees for both consumers and merchants in the United States in the coming weeks, PayPal announced on Thursday. Instant transfers allow customers t

Web scraping is legal, US appeals court reaffirms

Good news for archivists, academics, researchers and journalists: Scraping publicly accessible data is legal, according to a U.S. appeals court ruling. The landmark ruling by the U.S. Ninth Circuit of

What this morning’s 25% drop in PayPal shares could mean for startups

For startups, if the PayPal experience translates, some user growth from the pandemic period will prove hollow; this could lead to tough quarters this year when stacked up against big 2021 quarters.

Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

Six months after its $20 million Series A, payroll connectivity platform Pinwheel just announced that it has nabbed another $50 million in a round led by new investor GGV Capital.  Pinwheel serves ne

Venmo introduces new gift-wrapping feature with eight animated designs

Venmo is introducing a new gift-wrapping feature to give users a new way to gift money to friends and family. The new feature is starting to roll out today and gives users access to eight animated gif

Regulating crypto could create American super apps

Regulating crypto could be the key to the emergence of the first American super apps and an opportunity to build a new digital-first financial ecosystem

Mark Cuban-backed fintech Dave’s public offering puts SPACs to the test

Dave.com hopes to join SoFi in the ranks of the fintech startups that did just fine in their SPAC debuts. 

Cash App now lets users ‘gift’ stock and bitcoin using their USD balance or a debit card

There are already a number of ways to gift cryptocurrencies, but today Cash App will make doing so simpler with a new feature rolling out to its peer-to-peer payments app. The app, owned by Block (the

Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens

The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers. 
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