Review (April 2024)

Pay. get paid. shop. share. venmo is a digital wallet that makes money easier for everyone from students to small businesses. more than 60 million people use the venmo app for fast, safe, social payments.

10M

Estimated Revenue

8.75M

Website Visitors

1.2/5

Trustpilot Score

What do we know about Venmo?

Estimated Revenue (2020)

$10M

Total Funding

$1.3M

Total Employees

690

Founded

2009

Industry

Financial Services

Last Funding Date

Series A Aug 2011

Location

New York, United States

About

Venmo: Pay. Get paid. Shop. Share. Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments.

Social Links

Alexa Ranking: 3928

What is Venmo's Revenue?

Venmo's estimated revenue for 2023 is $10M.

What does Venmo do?

At Venmo, we're working to build a payment experience that's simple, delightful and connected. Since our founding in 2009, we've quickly grown from an idea hatched by two college roommates who wanted a better way to pay each other back to the go-to digital wallet that's known and loved by millions. What started off as a simple SMS platform to send and receive money has evolved into a social payments app allowing people to pay, split and share their experiences.

What are the monthly traffic metrics for Venmo?

6/mo Traffic Growth

40.80%

All Time Traffic Growth

Create Free Account

Monthly Hits

9M

Time on Site

3.5Mins

Bounce Rate

44%

How fast is Venmo growing?

Venmo has grown by -17.0% in the last 6 months according to SimilarWeb.

How do people interact with Venmo?

Last month, Venmo received 9M visitors who spent an average of 3.5 minutes on the website and visited 4.0 different pages per session. Overall, 44% of people bounce on the first visit.

How do people find Venmo?

5.8M people (67%) visit Venmo directly. 2.5M (28%) people search for them in Google. Whereas, 122.8k (1%) discover Venmo through Facebook, Reddit, and YouTube. 176.3k (2%) visitors come from Venmo's email newsletters. Finally, 16.3k (0.2%) people come from affiliates and or paid referrals.

Who uses Venmo?

Venmo's top market is the United States and they receive 8.3M (95.3%) people.
Then the 2nd is Canada with 35.7k (0.4%).
The 3rd is is United Kingdom with 29k (0.3%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

What are Venmo's ads on Google?

Google Ads

Venmo - Official Site - Send & Receive Money

https://venmo.com/send-receive/start/

Join Over 60 Million People Who Use Venmo to Pay And Get Paid. Sign Up & Get The App Now. Split Bills Like Dinner, Groceries, Or Rent, Connect With Venmo Friends & Pay Business. Download The App. Venmo Like A Pro. The Social Way To Pay. Safe & Secure.

Pay & Get Paid With Venmo - Venmo - Official Site

https://venmo.com/send-receive/start/

Use The Venmo App To Split Bills, Send Money Between Venmo Friends & Pay Businesses. Join Over 65 Million People Who Use Venmo to Pay And Get Paid. Sign Up & Get The App Now. Send & Receive Money. Venmo Like A Pro. Pay Businesses. The Social Way To Pay.

Venmo - Official Site - Get $10 When You Sign Up

https://venmo.com/gettingstarted/introoffer10/

Sign Up For Venmo, Get $10. Offer Ends December 31, 2021. Get Started Today. Terms Apply. Just Fill Out Your Info, Including Your Mobile Number & Get $10 When You Sign Up For Venmo. Venmo Like A Pro. Download The App. The Social Way To Pay. Pay Businesses.

Keyword: venmo account

Venmo - Official Site - Learn What Venmo Can Do

https://venmo.com/send-receive/start/

Set Up Venmo In Seconds. Free Sign Up & App Download. Start Sending & Receiving Money Now. Pay, Get Paid, Shop & Share. Send & Receive Money. Shop Online With Venmo. Download The App. The Social Way To Pay. Pay Businesses. Venmo Like A Pro.

Venmo - Official Site | Easily Send & Receive Money‎

https://venmo.com/

The Simple, Fun Way To Send And Receive Cash Quickly Between Friends. Sign Up Now! Add Notes to Payments. Send Money for Free. Make Online Purchases. Track Your Finances. Pay Online With Venmo. Transfer To Bank Account. Encrypted & Secure To Use.

What do Venmo's customers say about them?

Review Score

1.2/5

Total Reviews

175

Info

Venmo
5 Star
0.0%
4 Star
0.0%
3 Star
0.0%
2 Star
0.0%
1 Star
100.0%
Read reviews that mention
josh wilson

So the halfway house I was at sent me…

Reviewed on 2021-04-04T11:15:09

So the halfway house I was at sent me back to prison and when my ppl went to pick up my belonging theykept my phone and wallet I have my last job direct deposit my check into the account but now I'm locked out because of I can't get my old number thats linked to account and my card is gone also can I get into my account I could really use the money
read more
Davieon Wise

This is the worst money app every

Reviewed on 2021-04-03T14:49:29

This is the worst money app every. I tell everyone nvr use dis app again. How u can receive money but can’t send it out???Dis shii just holding my $$$ and I don’t like that. I can’t send it to my bank, make no payments, I can’t do nothing.
read more
Chelsea Mack

This is the worst finance company I…

Reviewed on 2021-04-02T21:05:23

This is the worst finance company I have ever dealt with. For months I couldn't access my account.No reset link was ever sent to me. Finally, I found a number for customer service. Spent 30 mins on the phone with a lady who made me jump through all these hoops to identify myself, including not only taking a picture of my driver's license, but also me holding my driver's license. I would have been fine with all of this, if this was the end of it, but it wasn't. Not only did I have to provide my name, email, bank account number, driver's license and photo of me holding my driver's license before she would help me, she froze my account. After finally being able to log in, I am unable to access my funds now, because my account has been frozen. I chatted with an online account specialist who could not give me a reason as to why my account was frozen. She told me that she will send my "case" to an account specialist who will be contacting me in FIVE TO SEVEN BUSINESS DAYS! So for at least the next week, I am unable to access my funds. I have never experienced anything as frustrating as this. I would NEVER recommend Venmo to anyone. I have filed a complaint with the Better Business Bureau and I will be writing a ton of bad reviews, because I want people to know how horrible Venmo's customer service is. No one should be prevented from accessing their money for months with no apology or resolution. If you're considering signing up with Venmo DON'T DO IT!! Use PayPal instead!
read more
AllenIsAMan

The worst customer support period

Reviewed on 2021-04-02T19:52:07

The worst customer support period! The support can’t do a damn thing! Makes you wonder why you can even call!!You will quickly be told only a account specialist can assist you and they only operate via email every 3-7 business days!
read more
Olaf Geyer

Venmo is scammers best friend

Reviewed on 2021-04-02T11:59:41

Venmo is scammers best friend. Don't use it. Venmo has no fraud protection and does not care aboutyou.
read more
Dr. Hollywood

I have been stolen money on Venmo

Reviewed on 2021-03-30T23:38:29

I have been stolen money on Venmo, their customer care is doing nothing about it. Avoid this company,they are nice as far as you don't have any problems, but when push comes to shove they don't provide any help or assistance
read more
Samantha Vargas Hansen

For the love of everything that is holy do not use venmo!!!

Reviewed on 2021-03-30T15:43:49

I have had an account for many years. My account was frozen without warning. Nobody would help when I called,chatted or emailed. They just kept telling me it was frozen and an account specialist is handling it and will get in touch with me. They asked for me to upload a copy of my DL. A month has gone by now and its still frozen. I just received an email today stating they don't have any information on why or when it will be unfrozen. They also said THEY ARE KEEPING MY MONEY UNTIL FURTHER NOTICE!!!!! I replied back to this email and am waiting. Such poor poor customer service and I can't believe they think its ok to keep someone's money without a reason.
read more
Charles Buzeleski

Trash App That Needs Serious Help

Reviewed on 2021-03-30T00:58:57

Ive had 3 separate horror stories with this app until finally just deleting it for good. 1.I was paid $1000 for my Macbook via Venmo. I used the instant cash out feature and it cashed out but then said it was “under review”. So I reached out to chat support who had no idea what was wrong or why the money was being held. I was told I’d “get a reply in 5-7 business days” so they’re now holding $1,000 for at least 7 days. How are you the largest money sending app (literally made my paypal) but offer NO LIVE SUPPORT? So 7 days go by and finally they send me an email asking for like 3 different forms of ID. I sent them all in. It took ANOTHER 7 DAYS for them to reply saying “okay we released it...you’ll see it in 4-5 business days” IT TOOK 21 DAYS FOR ME TO GET AN INSTANT DEPOSIT. 2. Second issue I had to was when venmo wouldn’t let me add a single card or bank account to my venmo. I contacted support who told me it was a security issue and there was nothing they could do. A security issue with every debit/credit card me and my gf own and every bank I use? Then one day weeks later it randomly worked again no explanation. 3. The third and final straw. I paid my landlord $500 for rent and my account was frozen. I then got an email saying I was banned from using the service due to “suspicious activity”. I emailed back asking what suspicious activity I was doing (I made 3 transactions all month) and they reply “we can not disclose that info. Please do not reply to this email” What customer service bans people from money accounts and refuses to provide reasons why? What money sending service freezes your account for paying remt? Cash App, Zelle, and Google Pay are all lightyears better and have given me no issues. Please refuse using this app unless its for $2 or $5 venmoes to your friends for coffee. Your money is NOT safe with them.
read more

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