how does venmo works technically

How does Venmo work technically? with Banks, Credit/Debit Cards

Venmo was developed by two roommates at the University of Pennsylvania. Venmo came in when they devised a way by which they could send money through text messages. To develop the app, they initially raised cash of 1.2 million dollars and after two years, their company was acquired by Braintree which further got acquired by …

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