Venmo Will Launch Its Own Credit Cards in 2020

PayPal's Venmo app will begin offering its own credit cards next year in partnership with Synchrony Financial. Synchrony is a financial services company that powers store cards for such entities as Amazon, eBay, Old Navy, and about 100 other cards in total.According to the company, it has raised over $140 billion USD in sales and has 80.3 million active accounts. This isn't the first time Venmo has dipped into creating its own cards, as it presented a partnership with MasterCard to produce its o...