13 Fascinating Things We Learned About Payments Company Venmo From Its Founder

Venmo, the mobile payments company that is crushing the competition among college-age users, lets you send money to someone with just a tap on your smartphone.

It combines an easy way to pay someone back with a social network, ultimately taking some of the awkwardness out of asking your friends for money.

Co-founder Andrew Kortina wrote an essay about the company’s founding on his blog to share with Venmo’s latest intern class.

The whole thing is worth a read, but here were the 13 most fascinating things that we learned from Venmo’s orgin story:

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.