To its fans, Venmo is a hassle-free P2P app that lets anyone living in the US send money to friends, split a restaurant bill, pay for a ride on Uber, or buy a hotel room. To the security conscious, it's a privacy nightmare.
Venmo is taking heat after a news report last week revealed security holes you could "drive a truck through," in the words of one aggrieved Venmo user whose account was drained of $2850.