I’m cautious of most any web app that needs personal information because of security concerns. Venmo has proven its trustworthy. I have never had an issue sending or receiving funds. initially I said to myself ‘this app is too good to be true - be super careful - could compromise your accounts’. After two plus years i delighted to say it has proven reliable, secure, and easy to use.
Spfinga about Venmo, v7.11.0