• Open to New Clients
  • Data Privacy
  • February 04, 2026

Do you have a Venmo account linked to a bank account?

You may be entitled to up to $500 or more, depending on your state of residence.

  • You may qualify for this claim if your Venmo account is linked to a personal bank account.
  • Venmo users who value their privacy should sign up.
  • All claims are backed by Labaton Keller Sucharow, a national law firm that has recouped over $30 Billion for people like you.

PayPal, Inc., is a financial technology company that owns and operates Venmo, a popular mobile payment app that links to a user’s bank account and permits them to send and receive money through the Venmo app. When a user links their bank account with Venmo, they are presented with a login screen bearing the logo and likeness of their financial institution, creating the misleading impression that users are logging into their bank accounts.

In reality, Venmo’s financial institution verification page routes a user’s credentials to Plaid, a third-party financial technology company, that then connects Venmo with the user’s bank account. Plaid also utilizes the credentials obtained from Venmo’s users to collect a bevy of sensitive financial information which it then leverages for enormous profits.

We are investigating whether Venmo’s deception violates a number of federal and state privacy laws and consumer protection laws, including anti-phishing laws. Check to see if you qualify for a claim.

Venmo Case Image

Please remember:

This content is for your information only and is not legal advice. We are not your lawyers until you sign an attorney-client agreement with us. All information provided by you is confidential and will only be used for your case.

Frequently asked questions

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  • General FAQ
Is arbitration confidential?
Yes, arbitration is a confidential, private process.
Once I sign up, how does the process work?
Once you sign up, you’ll be asked to sign our attorney-client agreement. That allows us to investigate your private arbitration claim. Then, log in to your secure client portal. All information is strictly privileged and confidential and will only be used for your claim. Answer a few more questions, upload a few documents, and we’ll take it from there. We’ll analyze your claim and your losses, negotiate with the company, and, if necessary, pursue your claim in arbitration.
How do your fees work?
Our fees will be a percentage of the settlement or recovery we obtain for you. That amount will depend on the rules in the state you live in. We only receive a fee if you win, and you will never owe us any money.

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