Venmo and Cashapp Are Not for Business

Venmo and Cashapp are considered peer-to-peer lending tools. They are intuitive, easy to use, and imperfect for splitting restaurant checks reimbursements, and other personal expenses. Venmo, in particular, is particularly savvy because they laid on top a social currency to where people can not only do peer-to-peer transactions but can also let the world know what they are paying for.