Venmovs
Coinbase
Coinbase: Buy, sell, and trade cryptocurrency with ease
Venmo
Money transfer and social payments
As of 30 August 2026, Venmo is free to use. Venmo is a mobile payment app that makes transferring money to friends easy and social. Softwr lists it under Personal Finance. Venmo is made by PayPal Inc., launched in 2009, available on Web, iOS, Android.
Overview
What Venmo does
Venmo is a mobile payment app that makes transferring money to friends easy and social. Split bills, pay roommates, and manage group expenses seamlessly.
What people use it for
- Splitting bills and reimbursing friends in the United States
- Accepting payments through a Venmo business profile
- Buying and holding cryptocurrency inside the payments app
Related searches
The honest half
Where it falls short
Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Venmo.
- Instant transfer costs 1.75 percent with a minimum fee of 0.25 USD and a maximum of 25 USD, while the free standard transfer takes 1 to 3 business days
- Sending money funded by a credit card carries a 3.00 percent fee
- Cryptocurrency fees are tiered by trade size, from 2.20 percent on purchases of 1.00 to 74.99 USD down to 1.50 percent above 1,000 USD
- Business profile payments cost 1.9 percent plus 0.10 USD, and Tap to Pay costs 2.29 percent plus 0.09 USD
Cross-shopped
What people choose instead of Venmo
Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.
- VenmovsKraken
Kraken: Secure cryptocurrency exchange for serious traders
- VenmovsPayPal
PayPal: The simpler, safer way to pay and get paid
- VenmovsCash App
Cash App: Money sent in seconds
Pricing
What Venmo costs
Taken from the vendor's own pricing page. Prices move, so check before you buy.
Free
Free
- P2P transfers
- Bill splitting
- Mobile app
Capabilities
Features
Money transfers
Bill splitting
Social feed
Transaction history
Bank accounts
Integration with Bank accounts
Debit cards
Integration with Debit cards
Web support
Available on Web
IOS support
Available on iOS
Android support
Available on Android
Answered, with sources
Questions people ask
Each answer names the page it came from, so you can check it rather than take our word for it.
Is there a monthly fee for the Venmo Debit Card?
No, the Venmo Debit Card has no monthly fee or minimum balance requirement.
SourceIs there an annual fee for the Venmo Credit Card?
No, the Venmo Credit Card has no annual fee.
SourceAre there fees when buying or selling cryptocurrency on Venmo?
Yes, when buying or selling crypto on Venmo, the company discloses an exchange rate and fees for each transaction. For non-stablecoin currencies, the exchange rate includes a spread that Venmo earns on each purchase and sale.
SourceBehind it
Who makes Venmo
- Company
- PayPal Inc.
- Based in
- San Francisco, California
Keep looking
Where to go from Venmo
- Venmo alternativesEvery product people weigh against it
- Venmo pricingPlans, floors and what the tiers exclude
- Venmo badgesWhich rules it meets, and the figure behind each
- All Personal Finance softwareThe full category
- Best Personal Finance softwareThe shortlist, and how it was cut
Best Personal Finance software for
Compare Venmo with
- Cash App
- Kraken
- Coinbase
- Zelle
- Apple Pay
- Skrill
- Google Pay
- WorldRemit
- Afterpay
- Remitly
- Money Manager
- Robinhood
- Charles Schwab
- Copilot Money
- Credit Karma
- E*TRADE
- EveryDollar
- Expense Manager
Other Personal Finance software
Buy now pay later app splitting purchases into four instalments, owned by Block
Free plan10 researched notes
Softwr does not host reviews and shows no star rating for Venmo, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.
More on Venmo
Venmo alternatives
What people switch to, and what they give up
Venmo pricing
Every tier, and where the cost actually lands
Compare Venmo
Put it head to head with anything we hold
Venmo badge
Its rating, and an embed for your own site
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