July’s PayPal earnings call talked quite a bit more about Visa than Venmo, but while the consequences of the Visa deal are still unknown, Venmo’s numbers are already known, and they look great. Specifically, Venmo processed $4 billion in transactions in Q2, compared with $3.2 billion the quarter previous. This isRead More
Post Tagged with: "Pay With Venmo"
Venmo’s most popular emoji – shared on average over 49,000 times per week – is the pizza slice , Paypal Holdings Inc. said during its analyst day presentation on Wednesday. Of more significance (probably) is the 154% year-over-year growth that Venmo recorded in the first quarter of 2016, hitting $3.2Read More
It’s not just P2P anymore. Venmo’s in-app payment feature is live, and select “lucky users” can already use Pay with Venmo in participating iOS apps, the company announced in an email today. We’ve emailed everyone who can start using Venmo to pay in select apps. Didn’t get an email? Right now we’reRead More
Payments startup Movo wants to convert every mobile device into a card-issuing bank. Bank Innovation has learned that the Palo Alto, Calif.-based company raised a seed round of $700,000 on Jan. 31 and plans to launch next quarter. The Movo platform will use prepaid funds to issue payment tokens called Movo CashRead More
Venmo will add a new “Pay With Venmo” service, sources tell Bank Innovation.