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VENMO

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by

Jordan Noda

on 26 February 2015

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Transcript of VENMO

What is VENMO?
application for smartphones
make and share payments instantly
https://venmo.com/
VENMO activity
Disruptive Innovation: VENMO
By: Morgan G., Johnny M., Jordan N., Jessica Z.




With your team, try to come up with $26.37 IN CASH

You have one minute!!
Why is this a disruptive innovation?
helps create new market
changes current norms
creative and convenient

international banks
credit card fee
beyond smart phones
Pros & Cons
PROS
convenient
community aspect
transfer/deposit time
VENMO's past
Cash
Check
Checking Accounts
Examples
gas, dinner, etc.
paying back friends
long distance
CONS
electronic money
only for smartphones
credit card aspect
BOTH
Security
So who is going to download Vemno?
Any Questions?
Possibilities
Full transcript