Venmo

Madison Hogan

August 3, 2020

AmericanInno

Financial deals, mergers and acquisitions in the tech ecosystem are mentioned daily in the Atlanta Inno Beat newsletter, along with insights on how personnel moves may impact a startup's future. Sign up for the Beat to get it each day in your inbox. Check out the most important mergers, acquisitions and investments from Atlanta technology companies from July 2020. Did we miss a deal? Let me know at mhogan@americaninno.com. Pattern89, an Indianapolis-based AI and marketing tech company, raised $2M in a round led by Break Trail Ventures in Ohio, High Alpha Capital and Elevate Ventures in Indianapolis, Atlanta-based F&M Investments and Vitalize in Westfield. The company plans to use the funding for growing go-to-market data science and engineering functions and expanding its current product line. FraudScope, an Atlanta-based AI platform that detects health care fraud, raised a $7M Series A round led by QED Investors, Brewer Lane Ventures and the local GRA Venture Fund.

Madison Hogan

July 30, 2020

AmericanInno

An Atlanta-based payments technology company is partnering with two of the biggest names in virtual payments to bring touchless checkout to CVS pharmacies across the country. InComm announced Thursday the company had released QR code technology customers can use to checkout via their PayPal or Venmo accounts without touching a keypad or signing a receipt. The technology will be implemented at all CVS stores, more than 8,000 in the U.S., nationwide in the fourth quarter this year. "In the midst of Covid-19, we have seen an incredible acceleration of digital payments and touch-free payments," Mark Britto, executive vice president and chief product officer of PayPal, said in a statement. "Companies of all types and sizes are looking for ways to maintain the safety of their customers and employees, especially through touch-free experiences like curbside pickup and enhanced online shopping. QR codes complement these and provide retailers an additional payment method that furthers this

Sarah Perez

July 1, 2020

TechCrunch

Venmo is going after small businesses. The PayPal-owned mobile payments app maker announced today it's piloting a new feature called Business Profiles that offers small sellers and other sole proprietors a more professional profile page on its platform, allowing sellers to share key business details like their address, phone number, email website, and more. By [...]

JD Alois

June 24, 2020

Crowdfund Insider

Click HERE to find out ⭐ PayPal's Move Into Crypto: Affirmation that Traditional Payment Players Can No Longer Ignore Digital Assets. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Jim Dallke

June 17, 2020

AmericanInno

Memento is an iOS and Android app that allows you to send money to someone, along with a recorded video message.

WIRED Staff

May 13, 2020

Wired

If you need to divvy up big expenses, these apps can handle the math--and the money.

Samuel Axon

May 7, 2020

Ars Technica

It's not the first time Facebook has wreaked havoc on iOS, either.

Josh Constine

February 24, 2020

TechCrunch

Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create a debit card connected to their account for their teenage children. That could potentially let parents set spending notifications and limits while giving kids more flexibility in urgent situations than a few dollars stuffed in a [...]

February 5, 2020

Global News

Venmo joined tech giants Twitter and YouTube, demanding New York-based Clearview AI to stop harvesting user images online.

Sarah Perez

January 21, 2020

TechCrunch

Venmo's newsfeed is about to get more interesting. Historically, the PayPal-owned app's users would comment on their transactions using text, or as is more common, emoji. But now the company is planning to add support for custom, animated stickers, as well. These animations were designed in partnership with Holler so they're unique to the Venmo [...]

Catherine LeClair

December 6, 2019

Wired

A while ago, a friend sent me 25 cents on Venmo. My relationship to the platform has never been the same.

Jay Peters

October 29, 2019

The Verge

Venmo announced today that it's launching Venmo Rewards, a rewards program for its physical Venmo debit card. The program will give you automatic cash back at certain retailers if you pay with the Venmo card.