Comparison
SPLit vs Venmo
Why crypto-native beats traditional fintech
Venmo revolutionized peer-to-peer payments, but it still relies on traditional banking rails. SPLit leverages Solana to deliver instant, borderless settlements with near-zero fees and full self-custody.
SPLit wins 6Venmo wins 1Tied 1
Feature
SPLit
Venmo
Settlement Speed
< 400ms (Solana finality)
1-3 business days to bank
Transaction Fees
$0.001 avg
Free P2P, 1.75% instant transfer
Privacy
Wallet-to-wallet, no social feed
Public social feed by default
Custody
Non-custodial (your keys, your crypto)
Custodial (Venmo holds funds)
Supported Currencies
SOL, USDC (expanding)
USD, crypto buy/sell only
International Transfers
Borderless, any wallet globally
US only
Group Splitting
Built-in equal splits with optimization
Basic split requests
Mainstream Adoption
Growing (crypto-native users)
90M+ active users
The Verdict
SPLit wins on speed, fees, privacy, and self-custody. Venmo wins on mainstream adoption and fiat on-ramps. If you value owning your money and paying less, SPLit is the clear choice.
Ready to switch?
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