PayPal and Venmo Crash Leaves Millions Locked Out – Are Your Funds Safe?
PayPal and Venmo suffered a global outage Thursday, Oct. 16, 2025, leaving users unable to log in or transfer funds for several hours. Downdetector logged nearly 10,000 reports for PayPal and over 8,000 for Venmo at the peak. PayPal confirmed a technical issue and said service was restored by early afternoon. The company did not disclose the cause but said no data breaches or fund losses occurred.