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Venmo was acquired by Braintree in August 2012, which was acquired by eBay in September 2013.

Headquartered in New York, NY, Venmo is a service that makes it easy, safe, and fun to pay your friends. Venmo’s iPhone and Android apps allow you to make and share payments with friends for rent, utilities, dinner, drinks, movies, concert tickets, birthdays, laughs, and anything else. Paying with your debit card or bank account is free, and you can transfer money from your Venmo account balance to your bank account over night.

General Catalyst Team