8 ms·
PayPal owns Venmo, and Venmo's profits help sustain PayPal. PayPal's business practices have rightly come under heavy scrutiny, which means that, for quite a fe
by vyhd 9y ago
PayPal owns Venmo, and Venmo's profits help sustain PayPal. PayPal's business practices have rightly come under heavy scrutiny, which means that, for quite a few people, there is a compelling "reason to switch" in spite of the fact that it "came first".
- red_phone 9y agoThe article notes that Venmo is currently operating at a loss.
- kerkeslager 9y agoAh, I wasn't aware PayPal owned Venmo.