FinTech Magazine March 2019 | Page 66

TOP 10
66

08 Venmo

Owned by PayPal , Venmo is designed to specifically transfer money to friends . Popular among young people , the app allows users to quickly transfer money to their bank and enables users to connect with friends easily . Venmo can be used to split costs at restaurants , pay shared rent or to share the cost of bills by linking a debit card to send and receive money . According to CNN Business , Venmo sees 10mn monthly active users . https :// venmo . com
MARCH 2019