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Venmo

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Contents5
  1. Consumer impact summary
  2. Incidents
  3. Transactions shared publicly by default (2018—2026)
  4. See also
  5. References

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Venmo
Basic information
Founded 2009
Legal Structure Subsidiary
Industry Financial Technology
Also known as
Official website https://venmo.com/

Venmo is an American mobile payment service aimed at users who wish to split their bills. It is owned by Paypal.[1]

Consumer impact summary

Overview of concerns that arise from the conduct towards users of the product (if applicable):

  • User freedom
  • User privacy
  • Business model
  • Market control

Add your text below this box. Once this section is complete, delete this box by clicking on it and pressing backspace.


Incidents

Transactions shared publicly by default (2018—2026)

In a 2018 study, researchers looked at over 200 million public transactions and found that Venmo "shares an enormous quantity of private data about users' lives by default."[2] Venmo makes transactions visible on a public feed by default unless users choose to make them only visible to friends or just visible to the two parties involved in a transaction.[3][4]

In May 2026, Venmo changed the privacy setting to default to "friends only" for new users.[5][6][7]

See also

References

  1. ↑ "Hi. We're Venmo". Venmo. Archived from the original on 17 Mar 2025. Retrieved 15 Sep 2026.
  2. ↑ Paul, Kari (22 Jul 2018). "The scary reasons you should make your Venmo account private". MarketWatch. Archived from the original on 23 Oct 2025. Retrieved 15 Sep 2026.
  3. ↑ Cole, Samantha (28 Aug 2019). "Venmo Is Still Exposing Your Connections to Everyone You Know". Vice. Archived from the original on 16 Dec 2025. Retrieved 15 Sep 2026.
  4. ↑ Salmon, Dan (26 Jun 2019). "I Scraped Millions of Venmo Payments. Your Data Is at Risk". Wired. Archived from the original on 16 Jan 2026. Retrieved 25 Mar 2025.
  5. ↑ "Venmo Privacy Overhaul 2026 Forces Friends-Only Payments by Default in Major App Redesign". The Eastern Herald. 13 May 2026. Archived from the original on 16 Sep 2026. Retrieved 15 Sep 2026.
  6. ↑ The App Alchemist (11 May 2026). "Venmo's Privacy Overhaul: A New Era for Digital Payments". Coders Blog. Archived from the original on 16 Sep 2026. Retrieved 15 Sep 2026.
  7. ↑ Notopoulos, Katie (12 May 2026). "Venmo's privacy settings are a dumpster fire". Business Insider. Archived from the original on 16 Sep 2026. Retrieved 15 Sep 2026.
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