Venmo launches a ‘limited edition’ rainbow debit card for its payment app users

Hoping to entice more users to attach the Venmo MasterCard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version of its debit card that will only be available in limited quantities. Clearly, the idea here is to generate a sense of urgency around ordering the Venmo MasterCard as well as […]

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Eagles fans Venmo Bears kicker to thank him for missing field goal

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Philadelphia Eagles fans are flooding a Venmo account allegedly belonging to Chicago Bears kicker Cody Parkey — or someone with the same name — after Parkey’s missed 43-yard field goal attempt handed the Eagles a win during the NFL playoff game on Sunday night.

It was particularly excruciating for Parkey, who has been haunted by missed attempts all season. If there’s any solace here, it’s that it appears as if the kick was deflected by an Eagles player. But a miss is still a miss and this one was painful.

ICYMI: The reigning Super Bowl champs get by the Bears after Cody Parkey’s game-winning FG attempt was tipped, hit the post AND crossbar.

(via @NFL)pic.twitter.com/vg78mX3GSj

— SportsCenter (@SportsCenter) January 7, 2019 Read more…

More about Venmo, Philadelphia Eagles, Chicago Bears, Cody Parkey, and Nfl Playoffs

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Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this […]

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Pitching a $99 tax advisory service for the masses, Visor has raised $9 million

The only sure things in this life, according to Ben Franklin, are death and taxes. And a new startup called Visor has just raised $9 million in financing to make one of them as painless as possible. Unlike Nectome, Visor won’t kill anyone, but it may ring the death knell for the high end tax advisors that most […]

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Venmo bumps up instant transfer fee to 1 percent of the total amount

If you’re a frequent Venmo user, you might want to double-check your settings because the company just changed up their fee structure for instant transfers and it may result in more of your balance slipping away. The fee for instant transfers where a user would move their Venmo balance to their bank account via debit […]

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An etiquette expert weighs in: When do you remind someone about an unpaid Venmo request?

Is it a dick move to remind someone about an unfulfilled Venmo request? 
When I was still in college a year ago, I split a pitcher of margaritas and a few baskets of chips with some friends. When the bill came around, we agreed it would be easie…

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Mozilla pushes PayPal to make Venmo transactions private by default

Earlier this year, the FTC settled with PayPal over the company’s handling of privacy disclosures in its peer-to-peer payments app Venmo, but Mozilla doesn’t think the changes Venmo made as a result went far enough. This week, Mozilla says it delivered a petition signed by 25,000 Americans asking Venmo to set transactions shared in its […]

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Security tokens will be coming soon to an exchange near you

While cryptocurrencies have generated the lion’s share of investment and attention to date, I’m more excited about the potential for another blockchain-based digital asset: security tokens.

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