Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
Decline to 10.5% in December despite jump in food costs