Seven months after disclosing
Venmo users can now make in-app payments at 11 merchants including
PayPal continues to expand Venmo's capabilities. As part of an
Venmo, launched by two former college roommates in 2009, enables users to link a bank account, credit or debit card to the app to send payments directly to other Venmo users. The company was acquired by Braintree in 2012 for $26.2 million and PayPal absorbed Venmo when it bought Braintree in late 2013. Venmo has more than 1.5 million users.