Venmo Revenue Growth Exceeds Analysts’ Predictions for Q1

PayPal‘s P2P service Venmo has exceeded analysts’ first-quarter estimates in two key areas: annual revenue run rate and number of users, according to statements from PayPal’s Q1 earnings call on Wednesday. Venmo’s annual revenue run rate coming out of Q1 2019, PayPal said,  exceeded $300 million, compared to the more than $200 million annualized revenue …Read More

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