# PayPal reportedly plans to separate Venmo from the rest of the company.

*fintech · news · 2026-04-29 · The Verge*

## Key points

- PayPal is making Venmo a standalone business unit within the company.
- This structural change will make it easier to track Venmo's financial performance separately.
- The move could facilitate a potential sale of Venmo to another company.
- PayPal plans to recruit a banking executive to lead the new Venmo unit.

**Companies:** PayPal
**Countries:** United States

[Read the full story on The Verge](https://www.theverge.com/tech/920813/paypal-reportedly-plans-to-separate-venmo-from-the-rest-of-the-company)

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