What bank is Venmo on Plaid? 2023 Guide


By FintechHop

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You can send and receive money using Venmo, an online peer-to-peer payment tool from PayPal. The post you are reading is for those of you who use Venmo and are wondering which bank supports Venmo on Plaid. As you might have anticipated, the answer is not straightforward.

It is important to note that Venmo is not a bank, but an online payment wallet. Bancorp Bank, N.A. is Venmo’s banking partner through which you can get a Venmo debit card. Venmo also offers a direct deposit option through its partnerships with Bancorp Bank and Wells Fargo Bank. Is there any amount transfer limit on Venmo Business Account?

What is Plaid Venmo?

We will now move on to Venmo and Plaid. The first thing we need to understand is what Plaid is and how it works. With Plaid, you can securely link your bank account and other financial accounts with apps, such as Venmo, Acorns, Varo, and YNAB, that you use regularly.

The Plaid platform helps over 7,000 apps provide safe services to their customers by working with over 12,000 financial institutions around the world.

The Plaid service allows you to link your bank account details to apps you wish to use to make and receive payments, build a budget, invest, or conduct business in a convenient and secure manner.

After reading a question raised in my mind can I use Venmo without plaid and How to use Venmo without plaid?

Venmo plaid

Is Venmo on Plaid?

Let’s move on to Venmo and Plaid. In some cases, Venmo and Plaid work together. Using Plaid to link your bank or credit union account will be your first step if you’re creating a Venmo account.

Direct deposits can also be received using Venmo. It is possible that you would like to link your Venmo deposit account with another app via Plaid in this scenario.

 You may be able to do this, but you’ll have to take some extra steps – and most Venmo accounts are usually linked manually rather than automatically through Plaid. We will discuss your options more in-depth later.

Is it possible to link your Venmo account using Plaid on another service instead of Venmo?

No, Venmo does not require online banking credentials, even though it uses The Bancorp Bank for direct deposit. You cannot link another service to your Venmo account via Plaid, even if your Venmo account has been set up for direct deposits.

What Bank is Venmo on Plaid?

The Bancorp Bank is Venmo’s partner, through whom you can get a debit card and direct deposit.

This bank account can’t be linked with Plaid, since Venmo doesn’t provide online bank account credentials that Plaid needs to verify you as the owner of the account.

Venmo can also be linked manually with another service instead of through Plaid.

How to find Venmo bank on Plaid? (Step-by-Step Guidance)

In some cases, Venmo direct deposit accounts cannot be linked to other apps with Plaid. If you want to try this process, you will need to enter your Venmo account number and routing number. Be prepared to ask the specific app for help if the process does not work smoothly. Not all apps are compatible, so be sure to ask for help.

The following steps will help you get your Venmo account and routing information:

1. You will need to log into your Venmo account

2. Tap your picture or initials to go to the Me tab

3. To make a direct deposit, tap Settings.

4. Choose Show Account Number from the menu

When you link your Venmo account manually to Plaid, you’ll be able to see your Venmo account information and routing number on the screen.

Frequently Asked Questions

Is it safe to use Plaid on Venmo?

There is no risk associated with using Plaid. Due to Plaid’s safety, a tremendous number of individuals, businesses, app developers, and financial institutions rely on it.

To keep users safe, Plaid uses a variety of features.

Several methods are used to encrypt data to keep your account secure, Plaid requires multifactor authentication security issues and vulnerabilities are monitored both externally and internally by PlaidOur cloud-based infrastructure uses secure encryption to protect your data.

What can you do if you have issues using Venmo with Plaid?

Contact Venmo’s support team for help if you’re having trouble linking Venmo with Plaid.

  • If you need troubleshooting advice, go to the Venmo help center
  • Use the Venmo app to open a support ticket
  • You can get instant help by using the support chat
  • You can contact Venmo by calling (855) 812-4430 (8:00 am-8:00 pm CT, seven days a week).


Plaid does not function as a bank account, so you cannot link Venmo to another app using Plaid. The Venmo account number and routing number can be used to connect your bank account if such a service allows manual linking. You may also be able to add a Venmo debit card if you wish. Alternatively, you can use some other traditional bank to connect with Venmo in case you are unable to connect to it after all attempts.

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