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A mobile payments subsidiary of PayPal , Venmo provides a seamless P2P ( peer-to-peer ) transaction experience , either as a standalone app or as an integrated feature on third-party apps .

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Currently used by over 60 million people , the app ’ s ability to make bill , dinner or activity cost splitting easy is well-reputed , as are its personalisation capabilities and intuitive design . An app that understands the potential for modern finance to be fun , relatable and simple , Venmo is a next-gen app that could continue to point out the direction of devicebased payments for the next 10 years to come .

YEAR FOUNDED

FEBRUARY 2021