What’s the key to Venmo’s success with Millennials?

What’s the key to Venmo’s success with Millennials? According to Daniel Schulman—CEO of Venmo’s parent company, PayPal—it’s not so much about the money, but the experience. In a panel focusing on Global Fintech Revolution, Schulamn spoke to the platform’s ability to allow users to share and comment on P2P transactions, a feature he reports over nine in ten users are currently using. According to a Ypulse survey, 14% of 18-34-year-olds are using peer-to-peer payment apps monthly. (Business Insider)