You can Venmo your college tuition, for some reason
Kids these days don’t know how good they have it.
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.
PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.