PayPal (Venmo) Data Privacy Claim Investigation

Labaton Keller Sucharow is investigating potential privacy and consumer protection claims involving PayPal-owned Venmo. The page alleges that when Venmo users link a personal bank account, the bank verification screen may create the misleading impression the user is logging into their bank directly, while the credentials are routed to Plaid (a third-party fintech). Plaid is alleged to use the collected credentials to access and collect sensitive financial information. Eligible Venmo users with a personal bank account linked may be able to pursue a private arbitration claim and potentially recover up to $500 or more depending on state of residence (amounts may vary and are not capped on the page). Attorney advertising intake: this is not a settled class action. Payout is not a law firm and does not provide legal advice. Submitting information does not guarantee eligibility, attorney representation, an attorney-client relationship, or any recovery; those outcomes depend on law-firm review, applicable law, and a separate agreement with counsel.

• Have a Venmo account linked to a personal bank account
• Be a U.S. resident (eligible residents in all 50 states + D.C., per the page)
• Sign an attorney-client agreement with Labaton Keller Sucharow to pursue the claim
• Provide additional information and upload documents through the secure client portal as requested