Venmo Adds Built-in Tools to Split Shared Bills

WHO:

Fast Company - Venmo is rolling out the receipt-scanning feature; Alexis Sowa is Venmo’s general manager.

Fast Company - A Morning Consult survey conducted on behalf of Venmo found that 40% of adults aged 18 to 22 typically pay first for group expenses and collect others’ shares afterward.

WHAT:

Engadget - Venmo’s receipt-scanning feature is rolling out and lets users split bills in the app.

Fast Company - The feature scans a receipt, itemizes purchases, lets users assign items to individuals and adjust assignments, calculates each person’s share of tax and tip, and generates payment requests.

Fast Company - In the survey, about 20% of respondents said they divide bills according to what each person ordered; 15% said they split the total evenly; 12% said they take turns paying or have different people cover portions; and 11% said one person usually pays and requests everyone else’s share.

Fast Company - Receipt scanning can be used for restaurant checks, grocery purchases, travel meals, and other shared expenses. It works alongside Venmo Groups, which tracks shared expenses over time.

Fast Company - Other features highlighted in the updated app include scheduled recurring payments, such as monthly rent, and rewards through Venmo Stash.

WHERE:

Fast Company - The receipt-scanning tool is built into the Venmo app and works regardless of which mobile device someone in the group uses.

WHEN:

Fast Company - Venmo said the feature is rolling out now, with wider availability expected over the next several weeks.

WHY:

Fast Company - Venmo said the tool is intended to reduce the effort involved in splitting bills. Sowa said, “With receipt scanning, a pile of math goes away with a single photo.”

Fast Company - Venmo described splitting bills as one of the most common things people do on the app, but also “one of the most tedious.”

HOW:

Fast Company - Users open Venmo, tap the V on the home screen to start a payment, select “Scan receipt,” and photograph a receipt or upload an existing image. The app identifies and itemizes purchases, after which users assign items and make adjustments.

(UPDATED November 9, 2026 18:01 UTC)

Venmo is rolling out receipt scanning, letting users split bills directly in the app. The tool itemizes purchases, assigns them to individuals, and calculates each person’s tax and tip. Users can then adjust assignments and request payments, simplifying shared restaurant and grocery expenses.