Browse
Categories
CRMDatabase ManagementProject ManagementERPExpense ManagementMarketing AutomationAccountingCustomer ServiceBusiness IntelligenceMarketing Resource ManagementContent ManagementSales ManagementInventory managementEmail MarketingPayment ProcessingE-Signature SoftwareContract Management SoftwareCybersecurity SoftwareCMMSLead ManagementBusiness Process ManagementCorporate Performance ManagementCustomer Engagement SoftwareEnterprise Architecture SoftwareBrand Management SoftwareChange Management SoftwareLead Generation SoftwareVideo SharingWorkforce ManagementDocument Management SoftwareReporting SoftwareBilling And Invoicing SoftwareEnterprise Asset ManagementNetwork Security SoftwareData Analytics SoftwareQuality Management SoftwareWeb Conferencing SoftwareWeb Design SoftwareSEO SoftwareData Quality SoftwareRisk Management SoftwareFacility Management SoftwareHelp Desk SoftwareSocial Media Management SoftwareSales Performance ManagementSales Forecasting SoftwareDigital Asset Management SoftwareSupply Chain ManagementFile Sharing SoftwareCPQ SoftwarePartner Management SoftwareEmail Signature SoftwareMarketing Attribution SoftwareCustomer Experience SoftwareBudgeting SoftwareAudit SoftwareHR SoftwareEHS SoftwareKnowledge Management SoftwarePresentation SoftwareVPNWebsite Monitoring SoftwarePR SoftwareMarketing Analytics SoftwareProposal SoftwarePayroll SoftwareIdentity And Access ManagementTask Management SoftwareWeb Analytics SoftwareBusiness Plan softwareArtificial Intelligence SoftwarePhoto EditingVideo EditingVideo Hosting WebsitesDocument Creation SoftwareData Virtualization SoftwareRequirements Management SoftwareVector Graphics SoftwareAfter Effects SoftwareBoard Management SoftwareBusiness Activity Monitoring SoftwarePolicy Management SoftwareOperational Risk Management SoftwareEquipment Maintenance SoftwareProject Portfolio ManagementBusiness Management SoftwareCorporate LMSInternal Communications SoftwareBenefits Administration SoftwareTime Tracking SoftwareTalent Management SoftwareEmployee Scheduling SoftwareEmployee Performance ManagementEmployee Engagement SoftwareVideo Interviewing SoftwareApplicant Tracking SoftwareContact Management SoftwareEmployee Recognition SoftwareEmployee Feedback SoftwareOnboarding SoftwareEmployee Training SoftwareBackground Check SoftwareRecruiting Software360 Degree Feedback SoftwareAttendance Tracking SoftwareEmployee Monitoring SoftwareHR Analytics SoftwareReference CheckWhistleblowing SoftwareSubscription Management SoftwareFraud Detection SoftwareData Loss PreventionInfluencer MarketingReferral MarketingCompensation Management SoftwareProcurement SoftwareDecision Making SoftwareMind Mapping SoftwareComplaint Management SoftwareEnterprise Feedback ManagementEmployee Management SoftwareHCM SoftwareAbsence ManagementMeeting Management SoftwareProduct Lifecycle Management SoftwareEnterprise Search SoftwareData Visualization SoftwareMulti-level MarketingRFP SoftwareIncident Management SoftwareEncryption SoftwareDatabase Security SoftwareExit Interview Management SoftwareInterview SchedulingPEO SoftwareSocial Media Monitoring SoftwareChatbots SoftwareRecruiting Automation SoftwareStaffing SoftwareWorkload AutomationFinancial ManagementBusiness Continuity ManagementSocial Media AnalyticsEndpoint Security SoftwareEnterprise Content ManagementCustomer Communication ManagementProduct Management SoftwareHR Case ManagementNetwork ManagementMaster Data ManagementRemote Support SoftwareClient Portal SoftwareHR Service Delivery SoftwareElectronic Data InterchangePerformance Appraisal SoftwareReference ManagementScreen Sharing SoftwareContract Lifecycle ManagementQuote ManagementDirect Mail Automation SoftwareBudgeting and Forecasting SoftwareDevOps SoftwareBackup SoftwareEvent Stream Processing SoftwareBid Management SoftwareBig Data Processing and Distribution SoftwareRestaurant POS SystemField Service Management SoftwareEndpoint Detection & Response SoftwareRobotic Process Automation SoftwareFleet Management SoftwareCustomer Data Platform SoftwareServicesAccounting ServicesSocial Media AdvertisingData SecurityEmail SecurityBookkeepingInbound MarketingLegal ServicesBusiness Travel ManagementInternational PEORevenue OperationsVirtual ReceptionistWin-Loss AnalysisApplication SecurityEndpoint SecurityIncident ResponseIoT SecurityHR Services ProvidersInternet Service ProvidersManaged Print ServicesManagement Consulting ProvidersNonprofit Consulting ProvidersOutsourced Sales ProvidersSales Consulting ProvidersSales Training ProvidersCloud ServicesIaaS ProvidersCloud HostingCloud MigrationThreat IntelligencePayroll ServicesBackground CheckManagement ConsultingHR ServicesIT Compliance ServicesMerchant ServicesOnline PaymentCloud ComputingIdentity Theft ProtectionQuality AssuranceMaster Data ServicesThreat HuntingTax ServicesAuditing ServicesCredit MonitoringNetwork SecurityEmail Marketing ServicesVPN ServicesRemote DesktopDomain RegistrationCloud StorageHR OutsourcingRide SharingCarpoolingFood DeliveryGrocery DeliveryDog Food DeliveryDog WalkingPet TransportAirlines ServicesKeto Meal DeliveryVegan Meal DeliveryDigital MarketingMusic StreamingDomestic US AirlinesSocial NetworkingDomestic Dubai AirlinesPlant DeliveryMeat DeliveryMeal Kit DeliveryCheapest Meal DeliveryBaby Food DeliveryPet GroomingPet SittingSports StreamingGame StreamingWeb HostingOnline TutoringPhoto PrintingBabySittingCommercial CleaningWeb Design ServicesDirect Mail ServicesConference CallWine DeliveryAnime StreamingEmail EncryptioneCommerce FulfillmentCoffee SubscriptionCredit RepairFrozen Meal DeliveryHealthy Meal DeliveryGluten Free Meal DeliveryPet AdoptionWebsite Monitoring ServicesInstagram GrowthInternational Money TransferTranscription ServicesContent WritingTelemarketingWordpress MaintenanceVirtual OfficeTranslation ServicesMarket ResearchContent EditingMarketing AnalyticsSchool Lunch DeliveryOutsourced Customer SupportLong Distance MovingJunk RemovalOnline Flower DeliveryCloud BackupPhoto BookOnline FaxSocial Media MarketingPacking ServicesAudioBookPhoto ScanningFile HostingMedical BillingPress Release DistributionPlant Delivery ServicesAnswering ServicesDissertation WritingText Message MarketingAlcohol DeliveryResume WritingPush Notification ServicesAward BookingWebsite SecurityContent MarketingFile Sharing ServicesHotel BookingVirtual AssistantCloud GamingProxy ServicesBook PromotionLaundry DeliveryCybersecurity ServicesOnline Interior DesignPlant Based Meal DeliveryMilk DeliveryPest ControlProduce DeliveryVitamin SubscriptionSaaS

10+ Venmo Alternatives and Competitors

Table of Content

Venmo

4.4 User Rating
$300 M Revenue
500+ No of Employees
2009 Founded
SaaS Industry
Payment Processing Category
Dan Schulman CEO
Overview

Venmo is one of the most accessible mobile payment services for faster payment sharing. Established by Andrew Kortina and Iqram Magdon-Ismail in 2009, Venmo started as an idea of creating a transaction platform as the co-founders were in the process of helping a friend's start-up yogurt shop. When Venmo was finally established a year later, the company raised $1.2 million of seed money from RRE Ventures and then began working on maximizing their service of delivering fund transfer solution via a mobile phone app. Venmo was then acquired by Braintree for $26.2 million in 2012 and subsequently acquired by PayPal in 2013. Now as a subsidiary of PayPal, the platform has continuously added new innovative features, such as an instant transfer feature that enable users to deposit funds to their debit cards in 30 minutes. With Venmo's fast-growing reputation in the market today, the application competes for the most-preferred platform for payment processing along with other software like Stripe, Square Payments, Amazon Pay, and Google Pay.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Stripe 4.6 Patrick Collison $0 2009 $1.8 B 2000+ San Francisco 2000+ Reviews 100000+
Square Payments 4.6 Jack Patrick Dorsey Custom 2009 $4.7 B 3835+ San Francisco 1500+ Reviews 15000000+
Amazon Pay 4.6 Mahendra Nerurkar $0.30 2005 N/A 10001+ Washington 1200+ Reviews N/A
Google Pay 4.5 Sundar Pichai $0 2018 $4.5 B N/A Mountain View 1350+ Reviews 55000000+
Paypal 4.45 Daniel Schulman $0 1998 $17.7 B 21800+ San Jose 1200+ Reviews 325000000+
PaySimple 4.45 Eric Remer $49.95 2005 $32.2 M 122+ Colorado 1000+ Reviews 17000+
CyberSource Payment 4.4 Michael Walsh $0.35 1994 $760 M 693+ Foster City 2000+ Reviews 400000+
2CheckOut 4.4 Alex P. Hart $0.45 2006 $84 M 400+ San Francisco 1500+ Reviews 17000+
Authorize.net 4.4 Mike Walsh $25.00 1996 $16 M 40+ Utah 2500+ Reviews N/A
Wepay 4.25 Bill Clerico $15.00 2008 $58 M 300+ Massachusetts 1000+ Reviews N/A

Contact Info

Website Email Phone Twitter Facebook Linkedin
venmo.com/ N/A N/A twitter.com/venmo www.facebook.com/venmo www.linkedin.com/company/venmo

Key Employees

Image Name Designation Email ID Twitter Linkedin
Micah Alpern Design Director N/A N/A https://www.linkedin.com/in/malpern
Zak J. Software Engineer N/A N/A https://www.linkedin.com/in/zakjacobson
Pablo Bernardi iOS Engineer N/A N/A https://ar.linkedin.com/in/pbernardi

Reviews

“ Safe Way to Send Money ”

4/5 (overall) - Phoebe T.
Pros:
  • It is so easy to make payments it’s insane. This little app can do anything from splitting checks to invoicing freelance jobs.
  • That it doesn’t make you do all sorts of crazy verification like Paypal you can easily transfer and receive money in the snap of a finger it is very quick which is what I really like about Venmo
Cons:
  • There isn’t much I don’t like about Venmo. The social side of it is okay and I don’t care much about that part since I like to keep my payments private.
  • it should probably partner with more companies like Paypal but other than that this app is absolutely fantastic which is why I’m with you all now

“ The Best Peer to Peer Money Transferring App! ”

4.2/5 (overall) - Daniel F.
Pros:
  • It has a great east to use format and design. I love that you can write down what you sent or received the money transfer for, it really helps keep everything organized.
  • I have had an overall fantastic experience with Venmo. I love how I can request people for money to pay me back and I hardly ever use cash because of how great Venmo is.
Cons:
  • It can be confusing to figure out at first. For example, when you are trying to find a friend to send money to I always get worried I am sending it to the wrong person.
  • The only thing that concerns me is the lack of confirmation before sending money. So, I don’t know what would happen if I accidentally sent money to the wrong account.

Features

  • Access Control
  • Analytics
  • API
  • Accounting Integration
  • Agile Software Development
  • Application Integration
  • CRM Integration
  • Campaign Analysis
  • Collaboration Tools
  • Collaborative Workspace
  • Customer Support
  • Customization
  • Security
  • Team Collaboration

Images & Videos

Q & A

Does Venmo work internationally?

Sadly, Venmo does not provide international access, for this application is US-based only. You cannot sign up for a Venmo account when outside of the United States; however, you can still monitor the application whether you are outside the US via linking US mobile numbers and US bank accounts.

Does Venmo accept payment without a card?

When transferring money from your Venmo account to your bank account, having a valid US bank account is a must. This process also works if you need to add a credit card or debit card to make a payment.

What's the difference between Venmo and PayPal?

While Venmo and PayPal are both e-wallets, there are differences between the two in terms of their use. PayPal is mainly used by businesses, especially for small to large operations. On the other hand, Venmo is commonly used as a handy digital wallet for small-time use or P2P (peer-to-peer) payment.

Is Venmo safe to use?

Like any other P2P software, Venmo prioritizes its user's vital information. Venmo assures that all of their user's info is protected with data encryption. This means that whenever instances occur wherein you lose your phone, you can log out of the app on the website to minimize the risk of fraud.

What are the main features I can enjoy with Venmo?

With Venmo, you can experience ease in every payment transaction you opt to deal with. It's highly possible thanks to the app's link access to bank and debit cards, money transfers, share payments, Facebook and contacts sync, POS, social currency, payment checkout, and so much more!

What's the transaction limit for Venmo?

Venmo sets a transaction limit of $299.99 upon signing up for the app. Upon confirming your identity, Venmo now allows grants you a person-to-person sending limit of $2,999.99.

Alternatives

saas