At its Investor Day on February 25, 2025, PayPal announced a strategic target for Venmo to achieve over $2 billion in revenue by 2027, a significant increase from approximately $900 million in 2021. This goal is central to CEO Alex Chriss's turnaround plan for the company.
PayPal expects Venmo's monetized monthly active users to grow at a mid-single-digit annual rate through 2027. Over the same period, Venmo debit card total payment volume is projected to rise at a more than 20% compounded annual growth rate, with 'Pay With Venmo' expanding at double that rate.
The company also outlined broader long-term financial targets, including high single-digit growth in transaction margin dollars and low teens earnings per share growth by 2027, with an ambition for 20% or more adjusted EPS growth long-term. These targets underscore PayPal's focus on profitable growth and deeper user engagement for Venmo.
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