

And you can bet your bottom dollar (or just send it to my personal Venmo account) that a majority of the suspicious partners and curious exes out there took full advantage of that avalanche of digital dirt. exchanged a whopping $37 billion through the app, which amounts to a boatload of public data ripe for prying eyes.

In the second quarter of 2020 alone, Venmo users in the U.S. From Elle to Mashable and Reddit, the evidence is well documented: people use Venmo not just to send or request payments, but to find out what other people are spending money on, or whom they’re sending money to. The thought to use Venmo while dating has likely crossed your mind at least once or twice, and if so, don’t worry - you’re hardly the only one. However, those public peer-to-peer exchanges can also be used for other purposes, such as keeping tabs on your significant other or snooping on your ex. RELATED: Ladies Have No Issue Dating Younger Guys Who Make Less Money You might find out who won your brother’s fantasy football league, for example, or that your cousin has a pocket-draining habit of ordering takeout every Friday evening (or that they have a gambling addiction that probably needs to be addressed). This default setting reveals benign bits of information every day.

We can be reached here, at can tell a lot about a person based on the way they spend their hard-earned cash, and these days, there are plenty of ways to find out what someone is blowing their moolah on thanks to money transaction apps like Venmo.įor whatever reason, the creators of Venmo, which has now been around for a while, decided it would be fun for each and every transaction that appears on the app to be publicly logged for all other users to see (excluding the amount of money being exchanged). If you have a divorce, custody, or post-judgment matter and you think you may need some guidance about your discovery and the role it plays in your case, contact Wolf & Shore, LLC for a confidential consultation today. If your payments are part of a court order, you may want to consider the private option and always write your description out. There are ways to make your payments “private” so that only you and the person you’re sharing funds with can see the transaction. This level of transparency can make some people uneasy, so occasionally emojis are used in the memo line instead of a proper description. Venmo is a public platform, so other people are also able to view who you pay and what you pay for. You also will always have proof of your payments in case they are ever questioned in court, as you will have an automatic “paper” trail. Since Venmo is instantaneous, you can always ensure that your payments are on time. You can easily keep track of child support payments, reimbursement for medical expenses, daycare costs, and more. On the other hand, Venmo can be very useful in family cases if used correctly. However, statements can easily be procured through additional discovery requests and/or interrogatories. Venmo is not a bank account or a credit card, so very rarely do parties disclose that they use Venmo at all. Some attorneys may not realize that Venmo even exists. It’s not part of standard discovery requests, so some divorce attorneys may not even pursue statements. Their account could say $0.00 at the date of dissolution, and then before the ink has dried on the divorce agreement they can accept thousands of dollars. This means that if you review someone’s Venmo statements and they have transfers that they haven’t accepted, that money will not be reflected. The receiving party needs to actually accept your transfer, otherwise Venmo keeps your funds in a third-party account. When you send money over Venmo, you never really see what happens on the other end. However, Venmo also stores funds which can go unseen in a divorce. Being able to pay anyone, anywhere, anytime is invaluable. When Venmo was created, it probably wasn’t with the thought that it could be used to hide assets in a divorce proceeding, but the reality is that it can. Venmo is a new convenience, and it’s an app that allows you to receive and send money with one click.
