About
Venmo is a mobile payment app that lets you send and receive money from friends, split payments among multiple people, and manage your finances. Over 90 million users use Venmo to pay for shared expenses like rent or gifts, with optional notes attached to each transaction. The app offers a Venmo Credit Card earning up to 3% cash back on top spend categories, a Venmo Debit Card accepted worldwide on Mastercard, cryptocurrency buying starting at $1, and business profiles for side gigs. You can transfer money to your bank within minutes via Instant Transfer or receive paychecks up to two days early with Direct Deposit. Teen accounts (ages 13–17) include a debit card with no minimum balance or monthly fees.
Highlights
- Send and receive money with notes to share context with friends
- Split payment requests among multiple Venmo friends with custom amounts
- Venmo Credit Card earning up to 3% cash back on top spend categories
- Venmo Debit Card accepted on Mastercard worldwide with cashback rewards
- Buy, hold, and sell cryptocurrency starting at $1 directly in the app
- Instant Transfer to your bank within minutes or Direct Deposit up to 2 days early
Best for
Anyone splitting shared expenses with friends, small business owners and side hustlers managing payments through a business profile, and parents setting up teen accounts for their children ages 13–17.
At a glance
Venmo is rated 4.9 out of 5 from 15,443,846 ratings and is available on iOS and Android — all free to download.
It is developed by Venmo.