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

3.4More
TypeSubsidiary
Parent CompanyBrainTree
HQNew York, US
Founded2009
Websitevenmo.com
Venmo was founded in 2009 and is headquartered in New York, US

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Venmo Office Locations

Venmo has offices in New York and San Francisco
San Francisco, US
San Francisco
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Venmo Financials and Metrics

Summary Metrics

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, 2019

Monthly Unique Users

10 m

Total Payment Volume

$2.10 b$2.50 b$3.20 b$3.90 b$4.90 b$5.60 b$6.80 b$8 b

Users

9 m40 m
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Human Capital Metrics

Source: github.com
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Venmo Online and Social Media Presence

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Venmo News and Updates

How to set up a Venmo account, connect it to your bank, and sync your contacts to easily send or receive money

You can set up a Venmo account in just a few steps using an email address, phone number, or Facebook account.  After you sign up, you'll be able to sync contacts to your Venmo account and connect your bank, making it easy to send or receive money from friends.  Here's how to set up a Venmo account…

You can have two Venmo accounts, even if they're using the same bank account — here's how to set it up

You can have two Venmo accounts using different bank accounts or even the same bank account. Having two Venmo accounts is a great feature if you share a joint bank account with your partner or family member. When someone else adds the same bank details to their Venmo account, you'll get a notifica…

Venmo launches a rewards program offering up to 5% back at Target, Sephora, Dunkin’ & Wendy’s

Amid increased competition in the digital payments space, Venmo today announced its first-ever rewards program, Venmo Rewards, which will allow users to earn automatic cash back on purchases when they pay with their Venmo card at select retailers. The company is kicking off the program with limited-…

Venmo to add cash-back rewards for users of its debit card

PayPal Holdings Inc.’s Venmo brand is adding cash-back rewards for users of its debit card in a further bid to entice users to try the Venmo service for things other than sending money to friends.

PayPal surges 8% after strongest results in at least a year, seeing growth in Venmo

Shares of PayPal jumped in pre-market trading Thursday after the payment company beat Wall Street's expectations for the third quarter.

PayPal and Synchrony team on co-branded Venmo credit card

PayPal Holdings, Inc. (NASDAQ: PYPL) and Synchrony (NYSE: SYF) today announced an expansion and exte...
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Venmo Blogs

Now you can earn rewards with Venmo!

Today, we’re excited to give our users another reason to love the Venmo card. We’re introducing Venmo Rewards, a program that offers automatic cash back when users pay with the Venmo card at some of their favorite retailers. With a rewards program, we know how important it is to make sure it’s easy …

Businesses can now pay their users through Venmo Payouts

For the past decade, Venmo has made it easier for people to pay friends and family, share their experiences, and shop. We’re excited to expand our product to allow businesses to directly pay consumers through Venmo Payouts. Driven by strong demand and successful pilots from top consumer brands like…

Split the Bill with Our New Amex Partnership

We’ve all been there: splitting the bill with Venmo or PayPal after a meal with friends, knowing you might be missing out on hard-earned credit card rewards points. Starting this month, we are introducing a new feature with American Express that will improve the digital payments experience for U.S. …

Need a quicker way to get the money from your Venmo account into your bank account? We’ve got it.

[EDITOR’S NOTE: This post has been updated since original publishing on January 22, 2018] Having money in your Venmo account is an awesome feeling- it makes paying friends and family that much easier. We also know that sometimes you need other ways to access that money. This week, we’re excited to a…

A guide to Venmo etiquette, straight from the Venmo community

In 2009, Venmo was designed to help eliminate the awkwardness of IOUs by providing a quick and convenient way to split and share payments with friends using only a mobile device. Ten years and more than 40 million active users later, Venmo’s popularity has posed new questions about payment etiquette…

Bitmoji is Now Live in the Venmo App!

We’re excited to share that Bitmojis are now available in the Venmo app! Now when paying, splitting and sharing with friends on Venmo, you can include your personalized Bitmoji in the payment notes to accompany your Venmo transactions. With the addition of Bitmoji, you have an even more personalize…
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Venmo Frequently Asked Questions

  • When was Venmo founded?

    Venmo was founded in 2009.

  • Who are Venmo competitors?

    Competitors of Venmo include Skrill, Mozido and Stripe.

  • Where are Venmo offices?

    Venmo has offices in New York and San Francisco.

  • How many offices does Venmo have?

    Venmo has 2 offices.