@therealoshow: Venmo started in a college dorm room… and grew so powerful it forced the biggest banks on Earth to respond. For decades, sending money meant expensive wires, slow transfers, and total control by a $7 trillion banking industry. Then Venmo made instant transfers feel free, simple, and social—putting real pressure on traditional finance. Banks realized they could lose hundreds of billions in fees and deposits, so instead of competing, they united to build their own network: Zelle. Today, trillions of dollars move through Zelle with zero transfer fees, proving this wasn’t just a tech story… it was a financial war for control of your money.
The Real Oshow
Region: US
Tuesday 17 February 2026 22:13:48 GMT
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Sly Joker :
Generational fumble by PayPal who did absolutely nothing with Venmo while they still had the lead on Zelle
2026-02-18 02:51:11
41
Justin Hannah🕊️🏡🄲🧈🍓🐅🐼 :
I used to work in finance and I know the way bankers think, and they could really care less about fintech companies especially when they're doing it for no fees. so I wouldn't jump to the conclusion of this caused that to happen it doesn't work that way for them.
2026-02-18 08:38:14
2
clip-farm :
i thought it was @immortal unc that created it
2026-02-17 23:31:57
0
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