venmo

Facebook Inc. is trying to get in the game of online payment systems like PayPal or Venmo by introducing a free friend-to-friend service of its own, the company announced today.

Fintech Firm Plaid Acquires Its Rival Quovo to Build the New Full-Service API Platform
January 9th, 2019

San Francisco-based fintech app provider Plaid has announced its first major acquisition. The startup allegedly spends $200M to acquire its rival company Quovo.

Future of Banking Will Now Depend on Both TechFin and FinTech Industries
January 9th, 2019

FinTech is increasingly collaborating with traditional banking institutions, combining the innovative mindset of FinTech startups with the scale, strong brand recognition of traditional banking institutions. However, a new disruptive force is on the horizon: TechFin.

VC Mary Meeker, Andreessen Horowitz and Goldman Sachs Drive Startup Plaid Hit $2.65B Valuation
December 12th, 2018

The latest Series C funding round worth $250 million was led by popular venture capitalist Mary Meeker through her Kleiner Perkins’ growth fund.

Square Cash Gains Recognition Beating Paypal’s Venmo in Popularity
August 20th, 2018

The popularity of the Bitcoin-friendly Square Cash App is growing. Now it has managed to outperform its rival, Paypal’s Venmo.

PayPal Launches MasterCard-branded Debit Card for Its Mobile App Venmo
June 26th, 2018

Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.

‘There Will Be No More Credit Cards in 20 Years,’ Says PayPal CEO Dan Schulman
May 8th, 2018

Dan Schulman, PayPal CEO, said that as the popularity of PayPal and its mobile payments platform Venmo grow, traditional methods of payment will be replaced by digital alternatives, which means that there will be no credit cards in 20 years.

Apple Pay Cash Officially Launches in the U.S.
December 8th, 2017

Apple enters a market with the peer-to-peer payment system Apple Pay Cash that can become a killer of similar services due to its’ simplicity.

Flywire Teams up with PayPal for the Cross-Border Payment Options
June 26th, 2017

Flywire has announced partnership with PayPal regarding its options for businesses, students and patients.

Sorry Venmo, Apple Wants to Launch a Peer-to-Peer Payment Service for Apple Pay
April 28th, 2017

Apple users will soon be able to transfer money to other people, as the company is reportedly going to launch a new peer-to-peer payment feature later this year.

Square Cash Launches Cash Drawer to Allow Users Hold Money in the App
February 29th, 2016

One of the major online payments providers has integrated a new option allowing customers to keep cash in their accounts.