Introduction Venmo is one of the most popular payment apps in the world. Owned by PayPal, Venmo is an easy way for friends to send money back and forth. It’s also used by many businesses, and the app’s social network feature adds another dimension. In Q3 of 2023, the total payment value on the app was $68 billion, a YoY growth of seven percent. Further, according to Statista, it is among the top three payment brands in the US. It is, however, primarily a US-focused brand, with over 97% of its customers from the US. With its popularity in the […]
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