TikTok may soon let users send money via direct messages, with early code hinting at a peer-to-peer system like Venmo — though not yet tested. ByteDance, TikTok’s parent, is aggressively expanding its financial services, having launched similar tools in China and Southeast Asia. With projected sales growth and hiring for fintech roles, the move signals a strategic push to monetize its 2 billion monthly users. As rivals like Elon Musk’s X also build financial features into social apps, the boundary between social media and finance is rapidly dissolving — watch this space.
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