Venmo is a company that offers an application that allows users to share and make payments with friends for a variety of services. The application also allows transferring money from Venmo account balance to its bank account overnight.

Employee Rating

3.1More
TypeSubsidiary
Parent CompanyBrainTree
HQNew York, NY, US
Founded2009
Websitevenmo.com
Cybersecurity ratingCMore
Venmo was founded in 2009 and is headquartered in New York, NY, US

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Venmo Office Locations

Venmo has an office in New York
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Venmo Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$1.3 m

Investors

In total, Venmo had raised $1.3 m. Venmo is a subsidiary of BrainTree

Venmo Operating Metrics

Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Y, 2016Q1, 2017Q2, 2017Aug, 2017Apr, 2019Feb, 2021

Merchants

2 m

Monthly Unique Users

10 m

Total Payment Volume

$2.1 b$2.5 b$3.2 b$3.9 b$4.9 b$5.6 b$6.8 b$8 b

Users

9 m40 m60 m
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Human Capital Metrics

Source: github.com
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Venmo Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Venmo Online and Social Media Presence

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Venmo Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    70/100

  • Compensation

    A+

    88/100

  • Diversity

    B-

    71/100

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Venmo News and Updates

10 things in tech: Elon's tweets, Venmo update, Cybertruck facial recognition

Summary List PlacementGood morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. Let's get started. 1. The SEC has rapped Tesla, saying CEO Elon Musk's tweets violated its rules. A court settlement requires Musk's tweets to go through Tesla's lawyers. More on the SE…

Venmo added new privacy options after President Joe Biden's account was discovered

Summary List PlacementVenmo has added new privacy options after reporters found President Joe Biden's account in "less than 10 minutes" of searching. Venmo, an app for digitally transferring money to and from people you know, added in-app privacy controls which let users set their friends list to …

Venmo is blocking some payments mentioning Palestinian relief funds. The company says it's following the law. (PYPL)

Summary List PlacementSome Venmo users are reporting that the PayPal-owned company is preventing them from completing transactions with descriptions mentioning Palestine-related keywords. Venmo's customer support inquired about a $50 payment one user received that included the description "Emergen…

Social Media Buzz: Disney Alters Mask Rules, Biden’s Venmo Found

Social Media Buzz: Disney Alters Mask Rules, Biden’s Venmo Found

Joe Biden's Venmo account was discovered by reporters in 'less than 10 minutes'

Summary List PlacementPresident Joe Biden's Venmo account was discovered after just a few minutes of searching, Buzzfeed News reported on Friday.  The transactions on the account were set to private, but it was reportedly linked to Biden's family members. Venmo accounts by default display connecti…

User Stories Highlight Percona Live ONLINE Conference with Speakers from Fiserv, Groupon, LinkedIn, Uber, Venmo

Durham, NC – April 29, 2021 – The slate of speakers for the Percona Live ONLINE Open Source Database Conference 2021 includes those from leading companies dealing with the challenges of scaling their businesses to handle increasing numbers of customers and volume of data while maintaining high level…
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Venmo Blogs

Help grow your small business with Venmo: Business profiles are officially available for all sellers

Last July, we shared the news of a new tool piloting on Venmo that allowed sole proprietors and casual sellers to sign up for a business profile on Venmo to accept payments for goods and services. Today, we are excited to share that business profiles are now officially available for all small busine…

Available Now - Get the Most out of Venmo with the Venmo Credit Card

Today, we’re excited to announce that the Venmo Credit Card is available for all eligible Venmo customers to apply, straight from the Venmo app!Venmo’s first-ever credit card, issued by Synchrony and powered by the Visa network, officially launched last October to select customers, and now we’re exc…

Calling All Merchants! Trust, Simplicity and Social Connectivity Prevail as Venmo Customers’ Most Valued Payment Tool Features

Venmo started as a social peer-to-peer payments tool for friends and family to split a meal or share an unforgettable experience. Several years ago, we extended its use to our merchant community, offering them the ability to add Venmo at checkout to create a quick, simple and seamless experience. In…

Cash a Check with Venmo Now Available For Select Customers

We know now, more than ever, many of you are using Venmo to spend and manage your money. Whether you’re sending payments to support friends, family, and people in your community, or paying for essentials like groceries and bills, we’re here to help.  Today, we’re introducing a new feature in the Ven…

Introducing touch-free Venmo and PayPal QR Code payments at CVS Pharmacy stores nationwide

With the winter months upon us and the holidays near, we know that many of us are navigating in-store shopping more than we have over the summer. In preparation for the busy holiday season, we’re introducing touch-free Venmo and PayPal QR Code payments at 8,200 CVS Pharmacy standalone retail locatio…

Introducing Amex Send and Split: A New Way for PayPal and Venmo Customers to Send Money and Split Purchases

We’re always looking for new and exciting ways to make it easy for you to send and receive money from your friends and family, whether you’re splitting the costs for food delivery or sending a gift for a special occasion. As we prepare for a holiday season that will look a little different this year…
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Venmo Frequently Asked Questions

  • When was Venmo founded?

    Venmo was founded in 2009.

  • How many employees does Venmo have?

    Venmo has 703 employees.

  • Who are Venmo competitors?

    Competitors of Venmo include Checkout.com, Skrill and Fintiv.

  • Where are Venmo offices?

    Venmo has an office in New York.

  • How many offices does Venmo have?

    Venmo has 1 office.