TechCrunch
US · 2 hrs ago
✦ 75◉ Centre
Venmo’s biggest makeover in years comes at a very interesting time
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Venmo is undergoing a major redesign as PayPal restructures the payments app into a standalone business unit, potentially positioning it for sale amid reports that Stripe has expressed interest in acquiring PayPal.
Venmo’s biggest makeover in years comes at a very interesting time
The timing is notable. PayPal, which owns Venmo, is restructuring to spin Venmo off as a standalone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright.
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