Sunday, February 20, 2011

"It's like your phone and your wallet had a beautiful baby" Venmo

Yes this is the punchline of Venmo, an upcoming online payment provider. It is still in a Beta phase and is available through only invites. The idea is quite appealing to me and yes, it would be an application I would use to pay my friends if I shift to the phone mode. Right now, I am on a laptop only mode.

Its quite interesting to note that Venmo has the design which is very much similar to that of Twitter (old). Venmo is funded by Angel investors which also includes Dustin Moscovitz of Facebook. If I were a VC, I would definitely be interested in investing in this one.

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