You're not missing anything. Paypal slurped up Venmo as part of their Braintree acquisition several years ago. Braintree still exists as it's own distinct off

You're not missing anything. Paypal slurped up Venmo as part of their Braintree acquisition several years ago. Braintree still exists as it's own distinct offering, but the branding was updated to clearly show it as part of Paypal[1]. Venmo is also operated under its own brand as an independent/distinct product offering, and unlike Braintree it never had its branding updated to tie it to the Paypal portfolio. The only place you'll find a reference to Paypal are places like their legalese such as the website footer[2], where they note they're a service of Paypal and Paypal is the actual provider of all money transmission activities within Venmo. So they're spoken about independently because from the consumer standpoint they are (independent apps, independent accounts, different capabilities/limitations, etc). But they're having the same issues because the root cause is part of the same shared money transmission systems/policies. [1] See the header logo https://www.braintreepayments.com/ https://www.braintreepayments.com/ [2] https://venmo.com/ https://venmo.com/