How Does Whatsapp Make Money. Co-founder of WhatsApp Jan Koum has now left the company that he helped found in 2009. Starting on November 6 2020 WhatsApp enabled users in the Indian market to send money through WhatsApp.
In the very beginning it used to cost 1 as a one-time payment in some countries while offering a free one-year trial in others followed by a yearly 1-dollar subscription. This payment processing service is similar to PayPal or Venmo. However since it scrapped that service it does not have any revenue model at the moment and is running free of cost.
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By October 2011 one billion messages were being sent per day. While the app is free of charges some services will be paid. Whatsapp makes money in its initial days by relying on the popularly known freemium business model. That figure is impressive enough but by the end of 2017 WhatsApp was up to 15 billion active monthly users.
