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Coinster

Think of Venmo as the Napster of online payments.

Back when Napster walked the earth, its peer-to-peer network was a novel take on file sharing. The central Napster service would monitor users and the files that they were willing to share. When a user requested to download a particular file, the service would draw on different pieces of the file held by other Napster patrons and assemble it on the user's local machine.

Venmo followed a similar model: account holders could attach their account to multiple debit cards, credit cards and bank accounts. After assembling an account balance by drawing on these accounts, the user could pay out funds to other Venmo users or receive payment in turn.