Recent events
Recent events tied to this brand in public sources.
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2022
Venmo introduces gift-wrapping feature
Venmo introduced a gift-wrapping feature that lets customers add one of eight animated designs to a payment note. The rollout began for select customers on January 13, with availability for all customers planned in the coming weeks.
2021
Amazon Web Services outage disrupts online services
Amazon Web Services suffered a major outage at its US-East 1 data center in Northern Virginia, disrupting services including Ring, Venmo, Disney+ and Instacart. Amazon said it had identified the root cause and was working toward recovery; the cause was not disclosed.
2021
Venmo announces removal of its global view
Venmo announced that it is ending the app's global view, a feed that displayed public payments between strangers as well as friends. The icon will disappear as part of an app redesign, with the update planned to roll out over the next few weeks.
2021
Venmo waives fees for stimulus paper checks
Venmo said it had waived fees for government stimulus paper checks processed through its app for a limited time.
2021
Venmo launches Cash a Check feature
Venmo announced the launch of Cash a Check, a feature allowing select customers to cash printed, payroll, and government checks through the Venmo app.
2020
Venmo debuts its first credit card
Venmo debuted its first credit card, initially rolling it out to select customers. The card offers cash back rewards and is integrated with the Venmo mobile app.
2020
PayPal reportedly plans cryptocurrency buying and selling service
A report citing people familiar with the matter said PayPal was preparing to launch a service allowing users to buy and sell cryptocurrency directly through PayPal and Venmo; the service might launch within the following three months or earlier.
2019
Venmo announces Venmo Rewards
Venmo announced its first rewards program, which will offer users automatic cash back on purchases made with their Venmo card at selected retailers. The program was scheduled to begin rolling out the following week.
2019
Synchrony and PayPal expand and extend consumer credit relationship
Synchrony Financial announced that it expanded and extended its strategic consumer credit relationship with PayPal. Synchrony is to become the exclusive issuer of a Venmo co-branded consumer credit card, which was expected to launch in the second half of 2020.