Company Directory - Venmo
Company Details - Venmo

Venmo
WebsiteNew York, USA
Venmo is an internet-based mobile payment service owned by PayPal that enables users to send and receive money quickly through a mobile app. Known for its social feed and seamless user experience, it is widely used for everyday transactions like splitting bills and reimbursing friends.
CCI Score
CCI Score: Venmo
-42.90
0.02%
Latest Event
Venmo Enforcement Practices Under Fire for Threatening Free Speech
A coalition of human rights and civil liberties groups, led by the Freedom of the Press Foundation, criticizes Venmo's opaque enforcement procedures for account freezes and closures, arguing that they undermine First Amendment protections and democratic accountability.
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TOADIE
Venmo is currently rated as a Toadie.
Latest Events
- APR012025
A coalition of human rights and civil liberties groups, led by the Freedom of the Press Foundation, criticizes Venmo's opaque enforcement procedures for account freezes and closures, arguing that they undermine First Amendment protections and democratic accountability.
-40
Public and Political Behavior
March 27
Venmo's enforcement procedures, which involve freezing accounts and closing access without clear due process, are seen as mechanisms that could suppress free speech. This behavior aligns with authoritarian censorship practices and undermines the democratic engagement expected from companies in the public sphere.
PayPal and Venmo enforcement procedures threaten First Amendment protected speech
-35
Business Practices and Ethical Responsibility
March 27
The lack of transparency and accountability in Venmo’s enforcement protocols—the same practices that lead to arbitrary account freezes—reflects poor business ethics. This raises significant concerns about consumer rights and the company’s indirect support of repressive practices.
PayPal and Venmo enforcement procedures threaten First Amendment protected speech
- AUG092024
An OpenSecrets report highlighted that PayPal, the owner of Venmo, spent over $800,000 on lobbying in the first half of 2024. This expenditure is seen as a means to influence policy outcomes that may favor authoritarian practices, raising concerns about corporate complicity in undermining democratic processes.
-30
Political Contributions and Lobbying Efforts
March 27
The report from OpenSecrets indicates that PayPal, which owns Venmo, spent over $800,000 on lobbying during the first half of 2024. This lobbying expenditure is interpreted as a strategic effort to shape public policy in ways that may reinforce authoritarian tendencies. Such corporate political contributions and lobbying efforts contribute to systemic power imbalances and have broader implications for democratic accountability.
OpenSecrets.org: Money in Politics -- See Who's Giving & Who's Getting
- JUN302024
Amid rising fintech lobbying spending in 2024, PayPal, the owner of Venmo, spent over $800,000 on lobbying efforts during the first half of the year. This aggressive political spending raises concerns about corporate influence over policymaking, potentially supporting authoritarian practices.
- OCT012023
A coalition including the Freedom of the Press Foundation and civil liberties groups has criticized Venmo’s enforcement policies which have led to arbitrary account freezes, potentially curtailing First Amendment-protected speech. The practice raises concerns about transparency and accountability in Venmo's handling of politically sensitive transactions.
- JUN232021
The ACLU and allied civil rights groups have criticized Venmo for implementing policies that effectively shut out sex workers, thereby harming a vulnerable community. Critics argue that such exclusionary business practices contribute to systemic discrimination and undermine ethical responsibility.
-70
Business Practices and Ethical Responsibility
March 27
Venmo’s decision to exclude sex workers from its financial services has been criticized as a discriminatory practice that prioritizes corporate risk management over equitable service. Such practices not only marginalize an already vulnerable community but also contribute to a broader pattern of ethical irresponsibility, echoing concerns about corporate support for oppressive policies.
PayPal and Venmo are Shutting Out Sex Workers, Putting Lives and Livelihoods at Risk
- JUN152021
Multiple rights organizations, including the EFF, have criticized Venmo (a subsidiary of PayPal) for its opaque account freeze and closure policies, which have been used in ways that appear to silence controversial and politically sensitive content. The lack of transparency and potential for discriminatory practices have raised concerns over the company's role in curtailing free expression and accountability.
-60
Public and Political Behavior
March 27
Venmo's practices regarding account freezes and closures have come under fire from a coalition of rights groups for being opaque and potentially discriminatory. This lack of transparency undermines free expression and reflects an avoidance of accountability in politically sensitive matters, contributing indirectly to an environment conducive to authoritarian practices.
22 Rights Groups Tell PayPal and Venmo to Shape Up Policies on Account Closures
- JUN152021
A coalition of civil liberties organizations, including the Center for Democracy & Technology and the Electronic Frontier Foundation, urged PayPal and its subsidiary Venmo to reform opaque account freeze and closure policies that disproportionately harm marginalized communities and stifle free speech.
-75
Public and Political Behavior
March 27
Venmo’s practices regarding account freezes have come under fire from civil liberties groups. The opaque nature of their account closure decisions undermines transparency and due process, affecting free speech and disproportionately impacting marginalized groups. This reflects poorly on the company’s public and political behavior.
-70
Business Practices and Ethical Responsibility
March 27
Criticism has arisen over Venmo's discriminatory and opaque account closure processes. These problematic business practices highlight a disregard for ethical responsibility and consumer rights, as the lack of transparency and fair procedures raise concerns about accountability in business practices.
-60
Technology and Services Impact
March 27
As a technology-driven payment platform, Venmo’s policy of opaque account closures not only impinges on user rights but also demonstrates a failure to responsibly manage sensitive user data and free speech implications. The technological service impact is negative due to its role in surveillance and control over digital expression.
- JUL212020
On July 21, 2020, CAIR-NY filed a complaint with the New York City Commission on Human Rights accusing Venmo of employing discriminatory practices that target transactions referencing Muslim, Arab, or South Asian identifiers. The complaint alleges that Venmo's algorithm improperly flags such transactions, resulting in embarrassing delays and unequal access to financial services for affected communities.
-80
Business Practices and Ethical Responsibility
March 27
Venmo's policy of flagging transactions that mention terms related to Muslim and Middle Eastern identities has been challenged legally by CAIR-NY, highlighting a systemic issue of discrimination in its business practices. This conduct not only stigmatizes whole communities but also indirectly supports authoritarian practices by denying equal access to financial services, reinforcing prejudicial and exclusionary practices.
Legal Complaint Against Venmo Challenges Anti-Muslim Discrimination
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