Braintree Acquires Venmo for $26,000,000

  • Feed Type
  • Date
    8/17/2012
  • Company Name
    Venmo
  • Mailing Address
    289 7th Ave New York, NY 10001
  • Company Description
    Venmo is a social payment app and service that makes it fun and to pay friends. Venmo works via SMS messages, mobile iPhone and Android apps, or the Web. Users can leave notes and comments, push their payments to Venmo’s social network and/or to Twitter, foursquare and Facebook.
  • Website
    http://www.venmo.com
  • Transaction Type
    M&A
  • Transaction Amount
    $26,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed.

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