Venmo

What is Venmo?

Venmo is a personal payments app from PayPal Mobile. It lets people send money to friends, family, and other contacts, request payments from them, and split shared costs such as dinners, rent, or trips.

The app is listed in the Finance category on Google Play and is free to download. It has more than 75 million installs and a Google Play rating of 4.0 out of 5 from about 925,000 ratings.

How does Venmo work?

Users link a bank account, card, or existing balance and then choose a contact to pay or request money from. Many people also use a social feed to see payment activity from their connections, though privacy settings control how much of that is visible.

Because transfers depend on linked accounts, setting up identity checks and payment methods is a necessary first step before the app is fully useful.

What's new in version 26.24.0?

Version 26.24.0, last updated on 2026-10-19, introduces Venmo Stash, a rewards program. Under this program, rewards are tied to how actively people use the app, so more activity can lead to more rewards.

Details about how rewards are earned and redeemed may change, so check the in-app information for current terms.

Android requirements and download size

Venmo requires Android 8.0 or later. Devices running older versions will not be able to install the current release from Google Play.

The app is downloaded through Google Play. Storage needs can change with each update, so check the listing on your device for the current size before installing.

Is Venmo free, and does it have ads?

The app is free to download. According to its listing, it contains no ads and offers no in-app purchases.

Standard fees for certain transfers may still apply, depending on how money is sent and funded. Review the fee information in the app before making payments.

Pros and cons of Venmo

On the plus side, Venmo is free, ad-free, and simple for splitting bills with a group. Its large user base means many friends may already have it installed.

On the downside, the Google Play rating of 4.0 suggests that some users have complaints, and linking accounts raises privacy and security considerations. Payment fees and account verification steps can also be frustrating for some people.

Who is Venmo best for?

Venmo suits people who regularly split costs with friends, roommates, or family and want a quick way to send or request money from a phone. It is less suited to users who want to avoid sharing payment activity or who need a full banking tool.