The Venmo story
Venmo was founded in 2009 by Andrew Kortina, Iqram Magdon-Ismail and is owned today by PayPal Holdings (public, Nasdaq: PYPL); acquired via Braintree in 2012-2013. It is one of 16 Financial Services brands in this year's ranking, where it places #1.
Why people trust Venmo
It is a habit for splitting bills among friends, backed by PayPal's scale and buyer protection on eligible purchases.
The watch-out
Its revenue is not broken out in PayPal's filed financial statements, and the app has faced criticism over default-public transaction feeds and scams.
Why Venmo ranks #12
Brand Recall, scored 94 out of 100.
Consumer Trust & Sentiment, scored 76 out of 100.
The WCRC D2C Trust Score gives 80% of the weight to Consumer Trust, Brand Recall, Positioning and Brand Love. Venmo scores 81.04 overall.
Pillar profile
Versus its nearest rivals
Questions people ask
What rank is Venmo in WCRC's America's Most Trusted D2C Brands 2026?
Venmo ranks #12 of 100 in WCRC's America's Most Trusted D2C Brands 2026, with a WCRC D2C Trust Score of 81.04 out of 100.
Why is Venmo trusted?
It is a habit for splitting bills among friends, backed by PayPal's scale and buyer protection on eligible purchases.
What is Venmo's revenue?
$1.7B Venmo revenue (FY2025, up about 20% excluding interest on customer balances), as per the company's filed accounts or published results.
Who owns Venmo?
Venmo is owned by PayPal Holdings (public, Nasdaq: PYPL); acquired via Braintree in 2012-2013. It was founded in 2009 and is based in New York, NY.
What is Venmo's biggest challenge?
Its revenue is not broken out in PayPal's filed financial statements, and the app has faced criticism over default-public transaction feeds and scams.
Key facts
| Brand | Venmo |
|---|---|
| Company / owner | PayPal Holdings (public, Nasdaq: PYPL); acquired via Braintree in 2012-2013 |
| Headquarters | New York, NY |
| Founded | 2009 |
| Founder(s) | Andrew Kortina, Iqram Magdon-Ismail |
| Latest revenue | $1.7B Venmo revenue (FY2025, up about 20% excluding interest on customer balances), as stated by the company |
| Sector | Financial Services |
| Country of origin | United States |
Sources
- Revenue figure published by the company in its own announcements
- Company website, official announcements and press releases
- Published interviews and statements by the founders and leadership
- WCRC Business Intelligence Unit research: consumer ratings and reviews, complaint records, search demand and social data