The banking system is paying the bills for the vast majority of people who use Venmo.
But that’s not necessarily the case for everyone, as some customers are reporting problems with their bank.
Here’s how it all began.
Read moreRead moreRecode’s Kara Swisher talks to Kara Swager, co-founder and CEO of Venmo, about the financial system, the challenges of getting people to use the service, and how to make it better for consumers.
Read the full interview.