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No One’s Splitting the Bill, But Venmo Is Surging

How Venmo has become PayPal’s pandemic secret weapon

Venmo logo displayed on a smartphone.
Photo: Rafael Henrique/SOPA Images/LightRocket/Getty Images

The Covid-19 crisis shifted a large portion of American retail online virtually overnight, but the gradual post-pandemic reopening has led to an interesting second shift: Online payment companies have started moving offline. Last month, CVS Pharmacy announced plans to add PayPal and Venmo QR…

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Byrne Hobart

Byrne Hobart

I write about technology (more logos than techne) and economics. Newsletter: https://diff.substack.com/

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