Venmo’s biggest makeover in years comes at a very interesting time

TechCrunch ·

Venmo’s biggest makeover in years comes at a very interesting time

Venmo is rolling out a significant redesign over the coming months that aims to make the app more useful, social, and easier to navigate. …

Venmo is rolling out a significant redesign over the coming months that aims to make the app more useful, social, and easier to navigate. This is the peer-to-peer payments app’s biggest refresh since 2021 . The timing is notable. PayPal, which owns Venmo, is restructuring to spin Venmo off as a standalone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright. In that context, a splashy redesign looks less like a routine update and more like a window-dressing job ahead of a transaction. The rollout will begin this week, followed by additional features over the next few months. By the time fall arrives, the entire redesign is expected to be available to all users. One of the first changes users will notice starting this week is the revamped feed. Where it once showed a simple list of who paid whom — with GIFs, a heart button, and comments — the new feed will feature a wider variety of visuals and larger images, along with more ways to respond to payments, such as reactions and quick action buttons like “Pay Again” and “Say Thanks.” It’ll also be more personalized, surfacing tailored cashback offers from brands you shop from and product suggestions based on previous purchases. Image Credits: Venmo Another addition is the ability for users to endorse their favorite local businesses directly through the app. A new “Give a Shoutout” button will be available under payments in the feed. …

Original source: TechCrunch

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