Paypal released its Venmo active users – 40M
Its’s very impressive compared with comparables.
-
- JPMorgan: 51M
- Bank of America: 37M
- Wells Fargo: 30M
- Square Cash App: 15M
While there are different types of fee (revenue) in Venmo like instant transfer and merchant fees, I was wondering if Venmo could do ads as well – like Instagram.