PayPal owns Venmo. Indeed, since 2002, PayPal has acquired several brands. In 2013, as PayPal bought Braintree indirectly, it also bought Venmo. Braintree acquired Venmo in 2012 for $26.2 million. Therefore, by 2013, Venmo entered into the PayPal family of brands comprising payment solutions like Braintree, Venmo, Xoom, and iZettle products.
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