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venmo business model

Venmo Business Model: Payments Made Easy

Two college roommates at the University of Pennsylvania, Andrew Kortina and Iqram Magdon-Ismail founded Venmo in 2009. Venmo business model began as a text message based payment delivery stem. However, with an aim of capitalizing on the growing P2P economy, it introduced a platform with an integrated social network, three years later in March 2012. […]