WePay
Summer 2009 · Acquired
Payments for platform businesses.
Location: Redwood City, CA, US
Founded: 2008
Team size: 400
Industries:
About
WePay is a multi-party payments API for SMB SaaS, POS Platforms, and Online Marketplaces. It was acquired by JPMorgan Chase in 2018.
Founders
Bill ClericoFounder/CEO
Founder & Managing Partner at Convective Capital - we invest in solutions to wildfire and climate change. Founder & former CEO at WePay.
Richard AbermanFounder/CPO
Born in New York, raised in Florida, university in Boston, law school dropout in New York. Founded WePay in 2008, joined YC in S'09, and spent better part of the next decade building the company. We raised $75M in VC, grew to 300 employees, and achieved profitability before being acquired in 2017 by JP Morgan Chase, where I worked until July 2021. Four batches at YC as a visiting group partner (W22-S23).