Quarterly TPV (Total Payment Volume) of Venmo in USD 2017-2023
In the third quarter of 2023, Venmo’s total payment volume showed a year-on-year growth of about seven percent. The company had 68 billion USD worth of TPV at the end of this quarter, compared to 63.6 million U.S. dollars in Q3 2022. Venmo is a U.S.-based digital wallet service owned by PayPal. According to a February 2022 survey of online payment users in the United States, 32 percent of respondents had used Venmo in the past 12 months. Parent company PayPal ranked first with a U.S. audience reach of 85 percent.
