Venmo is a US-based mobile payment service founded in 2009 and acquired by Braintree in 2012, which was subsequently acquired by PayPal in 2013. The service's primary function is to facilitate peer-to-peer (P2P) money transfers between users via a mobile app, often with an integrated social feed. Over time, Venmo has expanded its services to include business profiles, in-store and online payments, a branded debit card and credit card, and the ability for users to buy, sell, and hold cryptocurrencies. Its mission is to simplify and socialize the process of sending and receiving money.

Founded in

United States