Overview

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Total Equity Funding
$74.15M in 6 Rounds from 14 Investors
Most Recent Funding
$40M Series D on May 20, 2015
Headquarters:
Redwood City, California
Description:
WePay is the payments partner to the platform economy
Founders:
,
Categories:
E-Commerce, SaaS, Financial Services, Risk Management
Website:
http://go.wepay.com
Social:

Company Details

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WePay is the leading payments provider focused solely on meeting the needs of online platforms that need to settle money between their users. Founded in 2008, it provides everything an online marketplace or cloud software provider needs to provide integrated payments from within their app while maintaining trust and safety. This includes not just credit card processing, but also complete solutions for managing fraud risk, regulatory compliance, and customer support provided at no extra cost. WePay is venture-backed with more than $74.15 million and was named to the Inc. 500 list in 2015 as 62nd fastest-growing private company in the US.

Funding Rounds (6) - $74.15M

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DateAmount / RoundValuationLead InvestorInvestors
May, 2015$40M / Series D2
Jan, 2014$15M / Series C6
May, 2012$10M / Series B4
Aug, 2010$7.5M / Series B2
Dec, 2009$1.65M / Series A5
Jan, 2009undisclosed amount / Seed2

Current Team (10)

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Products (1)

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  • WePay Clear is a white-label, API-based service that works similar to Stripe.

Competitors (7)

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  • Authorize.net is a payment portal that allows e-commerce providers to accept credit cards and electronic checks directly on their site.
  • Balanced is a payment system allowing marketplaces to charge cards, escrow funds, deposit via ACH direct, and collect fees.
  • Braintree's payment platform provides all the tools online and mobile businesses need to accept payments.
  • Intuit offers business and financial management solutions for SMBs, financial institutions, consumers and accounting professionals.
  • Mangopay is a application program interface creator specializing in payment software.
  • PayPal provides online payment solutions to its users worldwide.
  • Stripe provides a set of unified APIs and tools that instantly enable businesses to accept and manage online payments.

Customers (1)

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  • GoFundMe is a crowdfunding platform enabling people to raise money for different life events.

Offices/Locations (1)

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  • Global Headquarters

    350 Convention Way

    Suite 200

    Redwood City, California 94063

    United States

Images (1)

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