Tag: Venmo
How peer-to-peer payment pioneer Venmo grew up and got serious
Under parent company PayPal, the millennial-focused payments app is finally ready to make some money. Read more: www.fastcompany.com
Confessions of a FinTech VC: No one is using FinTech
Why one VC is more and more bullish on the FinTech industry despite the fact that consumers don't actually use any of its products. Read more: www.tearsheet.co
PayPal directors hit with class action suit
On March 24, 2017, shareholders of PayPal Holdings Inc., the parent company of mobile-payment provider Venmo, filed a derivative suit against its directors. Read more: www.crowdfundinsider.com
A community banker’s FinTech ‘Aha’ moment
From SoFi to Venmo, competitors are creating a fast and easy experience that bankers like Julieann Thurlow cannot help but worry. Read more: www.americanbanker.com
Can Zelle replace Venmo? Banking giants fight back
Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” Read more: www.crowdfundinsider.com
Why payment companies are flocking to messaging apps
Messaging apps are seeing the light and welcoming financial services companies onto their platforms. Read more: www.fastcompany.com
Try to catch Venmo in P2P payments
In the third quarter, PayPal's mobile person-to-person payments app processed $4.9bn in transactions, up 131% from a year earlier. Read more: www.americanbanker.com
What for and how do millennials use P2P transfers?
By Kate for LTP Mobile P2P money transfers are estimated to increase from $15.22 billion in 2014 to $270.93 billion in 2019; an ~18-fold increase. Read more: fintechranking.com
Banks prepare all-out assault on digital rivals
Citi has joined Early Warning, the consortium of big US banks looking to take on the likes of Venmo in the provision of P2P mobile payments. Read more: www.finextra.com
Venmo ups the ante on Zelle
Venmo ad campaign seeks to up the ante vs. big bank competition. Read more: www.pymnts.com