PayPal CEO Calls Venmo a 'Crown Jewel'

The video discusses Venmo's rapid growth and its appeal to millennials by turning payments into social experiences. It highlights Venmo's unique features, such as tagging payments with emojis and sharing with friends, which resonate with the millennial generation. The video also explores the financial behavior of millennials, shaped by the Great Recession, and how Venmo is monetizing its platform through various strategies, including transaction fees and debit cards. Venmo's potential to become a significant revenue source for PayPal is also discussed.

What factors contribute to Venmo's success among the millennial generation?

How does Venmo differentiate itself from traditional payment applications?

In what ways has the millennial generation's upbringing influenced their approach to digital payments?

What monetizable features are being added to Venmo to generate revenue?

What is the current financial performance of Venmo in relation to PayPal?