Product/Service: Venmo connects a debit, credit cards directly to users accounts, which allows them to, easily transfer money back and forth for expenses like rent, bills, etc
Founder/Co-Founders: Andrew Kortina and Iqram Magdon-Ismail are the founder of Venmo, They are still with the company
Office/Headquarters: Venmo singleheadquarter is located in NYC 5th Floor, 95 Morton St, New York, NY 10014. But they essentially owned by Ebay
Method of Making Money: Venmo’s innovative payment system peer to peer is adopted by some businesses , and Venmo charges them small percentage of transactions.
Target Customers: Venmo is popular and frequently used by college students and young adults
How many current users/customers, etc: Google play store and Apple app store show more than 500 thousand users have downloaded Venmo app. Which puts them over 1 million users
How does the company advertise its product/services?
Venmo advertised as easy and friendly money transaction system
Competitors/Competitive Advantage: Venmo is owned by Ebay’s PayPal. Their competitors are Google wallet, Apple Pay, Popmoney, SnapCash, Square Cash.