
3

"After celebrity shoutouts that helped raise roughly $200,000 via Venmo and CashApp in a week, the organization has been unable to immediately fulfill more than 500 aid requests because mobile-payment platform limits and account holds are preventing large person-to-person disbursements (Venmo’s TOS caps verified users at $4,999.99/week and Cash App reportedly limits verified senders to $7,500/week). Organizers have paused new applications while they work through a backlog and await releases or workarounds from the payment services." - Steven Monacelli