New connection expands Venmo's reach to PayPal's global network and makes it seamless for Venmo and PayPal users to pay one another without friction

SAN JOSE, Calif., March 23, 2026 /PRNewswire/ -- Venmo today announced a major expansion that brings the app's peer-to-peer payment experience to a global audience for the first time. Through new connectivity with PayPal, Venmo users can now send and receive money with hundreds of millions of PayPal users across 90 markets, marking the largest expansion of Venmo's addressable market since the app's launch. Venmo users now have access to one of the world's largest peer-to-peer payment networks. This directly addresses a common frustration with peer-to-peer payments: app fragmentation has made sending money between friends and family more complicated than it needs to be.

Consumers can now move money between friends and family domestically and internationally using just a phone number. There's no complex account details or routing numbers required. For Gen Z, who are nearly twice as likely as the average American to send money internationally every month, this means the app they already rely on to split the dinner bill now works just as seamlessly for paying someone halfway around the world. Whether splitting a vacation rental with friends abroad, sending money to family overseas, or paying back an international contact, the new connection offers the same simplicity and ease as Venmo's core experience.