Venmo has been billed the payment app for millenials, and is known for making the most awkward part of the night (splitting the bill) a little more bearable. It's also one of the most popular apps in the "peer-to-peer" (P2P) payments space. But how does it actually work?
![](https://media.sailthru.com/53q/1k2/5/h/5afdc887e2c1f.gif) | ![Main Image 1](https://i.investopedia.com/image/png/1539199481293/appicon.png) | How Safe Is Venmo And Is It Free? | Venmo has been billed the payment app for millenials, and is known for making the most awkward part of the night (splitting the bill) a little more bearable. It's also one of the most popular apps in the "peer-to-peer" (P2P) payments space. But how does it actually work? | Read More » | When Is an MBA Worth It? | Earning an MBA can enhance one's career path, or help land a high-paying job. It also involves substantial expense and time. Here's when it makes sense. | Read More » | | | ![Enroll Now](https://media.sailthru.com/53o/1k2/4/6/5ac7c3dfb9bec.png) | | | CONNECT WITH INVESTOPEDIA | | | | | |
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