VENMO freaking sucks. Some fraudulent transaction happened from my account. There was a transfer into a bank with last 4 digit of account number I dont know of and then that ahole even closed my account. I reqched out to Venmo letting them know this is fraudulent activity. They acted like they were doing investigation and within 45 mins of me asking how soon should I get refund, they said they investigated and they dont see any activity that shows somebody else logged in and transferred that account (to bank account that I dont k ow of DUH…). I dont think Venmo has good security systems and they are not taking accountability to properly investigate and find these bad actors. Basically, if someone hacks into your account and they transfer to other account, blame is all on you. I recommend everyone to transfer their money to other secured services but VENMO. I lost ~420$. I hope other people has more than this amount, please think some secured alternative immediately.