Americans might find it unbelievable, but here in Canada we don’t have Venmo. We have other means of transferring cash digitally, but none of them are great, in my humble opinion. I’ve longed for something better.
Perhaps others have too because Wealthsimple has come out with an app, now in beta, that reminds me of what Venmo does. You can read about it here. It looks promising. I will definitely be looking at this over the year to come. I imagine the big Canadian banks will as well.