About
Venmo is a mobile payment app that lets you send and receive money from friends, split bills among multiple people, and manage your finances. Over 90 million users use Venmo to pay for shared expenses, gifts, and everyday transactions with notes attached to each payment. The app offers a Venmo Credit Card earning up to 3% cash back on your top spend category, a Venmo Debit Card accepted worldwide on Mastercard, cryptocurrency buying starting at $1, and business profiles for side gigs. You can also set up Direct Deposit to receive paychecks up to two days early, transfer money to your bank within minutes via Instant Transfer, and create teen accounts with debit cards for ages 13-17.
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 category
- Venmo Debit Card accepted on Mastercard worldwide with cashback rewards
- Buy, hold, and sell cryptocurrency starting at $1 within the app
- Direct Deposit available to receive paychecks up to two days early
Best for
Friends splitting shared expenses and rent, small business owners managing side gigs, and anyone seeking a payment app with integrated debit and credit card options and cash back rewards.
At a glance
Venmo is rated 4.9 out of 5 from 15,448,445 ratings and is available on iOS and Android — all free to download.
It is developed by Venmo.