The Business Model of Venmo

Venmo is a money transfer business offering an application for an easy and secure way to exchange payments between friends and other trusted people. Users can pay their friends instantly by choosing a friend over phone, email, or facebook, typing the amount and messaging. Lastly, the sharing options can be selected. The service is primarily designed for payments between people who trust one another.

2009

Founded

300

Employees

New York City, NY

Headquarter

Hard Facts

Business Model Canvas

This canvas shows a detailed explanation of how the business model of Venmo is structured.

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Business Model Patterns

The business model patterns of Venmo help to understand the mechanics behind the business model. Furthermore you can learn more about the specific business model pattern by clicking learn more.

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SWOT Analysis

The SWOT Analysis of Venmo is about the strengths, weaknesses, opportunities and threats of the companies business model. By clicking the i you can see a detailed description.

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What makes Venmo special?

This section is all about the secret sauce of the business model of Venmo. If there is any incredible information about the founding team (like how they started the business, etc.) you can learn from you can find it here!