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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

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