Skip to content
Home » How Venmo Makes Money make money online kenya

How Venmo Makes Money make money online kenya


Venmo has revolutionized the way pay each other back. From sending roommates the rent check to reimbursing friends for dinner, people ‘Venmo’ each other all the time. But have you ever wondered how this fun, emoji laden payments app actually makes money? Well, for years, it hasn’t. But now Venmo is on the cusp of profitability for its parent company, Paypal.

Concerns remain about privacy for users and security for their money. And many on Wall Street are still waiting to see whether this millennial digital payments phenomenon is just flash in the pan or if it’s really here to stay. Bill Ready, Paypal’s COO and the man who brought the once no name app to mainstream fame invited CNBC to Venmo’s New York offices to get a look inside how the payment app works.

See also  ချက်ချင်းလေ့လာသင့်တဲ့ Skills (၅) ခု | Make Money YouTube Myanmar make money online myanmar

NOTE: On April 24, 2019 (a day after this video was published), PayPal revealed for the first time that Venmo has 40 million users. In the video above, CNBC cited eMarketer, which had estimated 27.4 million Venmo users as of April 2018..

In its first-quarter 2019 earnings report, PayPal said it now has a total 277 million total customer accounts — including 22 million merchant accounts. Total payments volume for Venmo grew 73 percent year over year to $21 billion in the first quarter, the company said. The company said Venmo is still on pace to do $100 billion in payment volume this year.

See also  Usher - I Don't Mind (Audio) ft. Juicy J i make money online lyrics

» Subscribe to CNBC:
» Subscribe to CNBC TV:
» Subscribe to CNBC Classic:

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:

See also  Make Money Online Australia make money online australia


How Venmo Makes Money .

Images related to the topic make money online kenya

How Venmo Makes Money

How Venmo Makes Money

Search related to the topic How Venmo Makes Money

#Venmo #Money
How Venmo Makes Money
make money online kenya
See all the latest ways to make money online: see more here
See all the latest ways to make money online: see more here

26 thoughts on “How Venmo Makes Money make money online kenya”

  1. Thanks for the Video, I really appreciate your efforts in Creating Great Videos like this. Is it true that Venmo is giving out a $750 Giveaway to U.S Citizens? I really want to know, Thanks in anticipation.

  2. Have been scam alot on IG until I was asked to Meet Dallurd01 on #TELEGRAM and I made a clean deal with me now am getting more of my money have losse thanks to Dallurd01 he is the legit vendor thanks Mandy

Leave a Reply

Your email address will not be published.