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Iqram Magdon-Ismail
Co-founder of Venmo and founder of Jelly, a video-first social app; experienced fintech and consumer product founder who sold Venmo (via Braintree) to PayPal and now builds social + crypto-enabled payments experiences.
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Oct 24, 2025
• 48min
From Venmo to Jelly: The Founder Who Changed How the World Pays (and Connects)
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Iqram Magdon-Ismail, co-founder of Venmo and founder of Jelly, explores the evolution of payment technologies and the need for genuine social connections. He shares the quirky origin of Venmo from a forgotten wallet and reveals the nail-biting moments when Wells Fargo threatened to shut them down. Iqram critiques modern startups for being too polished and metrics-driven, and discusses Jelly's mission to bring authenticity back to social media using video and crypto. He also reflects on the unique mindset immigrant founders bring to innovation.
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