Venmo now has over 40 million active users as payments skyrocket

Omar Marques/SOPA Images/LightRocket via Getty Images(NEW YORK) — Venmo now has over 40 million active customers, parent company PayPal revealed in its earnings report. The mobile payment app, which is popular with millennials and encourages social interactions, is also processing dramatically more money. Payment volume jumped 73% in the past year to $21 billion, and …

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