Venmo
Meanings
noun
- An account on the Venmo peer-to-peer mobile payment system.
verb
- To use the Venmo peer-to-peer mobile payment system, originally principally for splitting bills such as for food, drinks, entertainment, and transportation.
- To transfer money to someone using the Venmo peer-to-peer mobile payment system.
verb
- Alternative letter-case form of Venmo.
Word forms
Etymology
After the Venmo mobile payment system. According to co-founder Andrew Kortina, the name was formed as a blend of Latin vēndere (“to sell”) + mobile, for the following reasons: We were exploring the Latin root vendere “sell” and mo for mobile, but purely as a means to get to a name that (1) was short, 5-6 letters, (2) could be a verb, (3) didn’t have a unintuitive spelling, and (4) was cheap. Venmo was available on GoDaddy and met the important criteria, so we grabbed it.
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