The app comes in handy when dining out with large groups. Once the bill comes, it's easy to figure out who owes what, and how everyone is going to pay.
We met with Venmo's co-founders, Andrew Kortina and Iqram Magdon-Ismail at the New York headquarters, located near the Flatiron building, to take an office tour and to hear more about Venmo as a company.
This was the room where we met Kortina and Magdon-Ismail in. They co-founded Venmo after Magdon-Ismail went to visit Kortina in NYC without his wallet, and had to write him a check for covering his expenses.
Caroline Moss was an editor at Business Insider.She previously wrote for The Daily Dot and has had bylines in Cosmopolitan and The New York Times. She also writes a humor series for The Toast called "Hey Ladies."Caroline graduated from the University of Massachusetts Amherst with a degree in journalism. She lives in Brooklyn.(Note: Caroline stopped writing for Business Insider's newsroom in March 2016. At present, she contributes on a freelance basis to Insider Picks.)