WePay

Payment gateway solutions for platforms

Palo Alto, California, United States

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About WePay

WePay provides a payment gateway designed for platforms, focusing on Independent Software Vendors (ISVs) and Software as a Service (SaaS) providers. Its main product is an API that allows clients to integrate payment processing into their software, ensuring secure and scalable transactions. WePay stands out by leveraging its partnership with JPMorgan Chase, which enables faster payouts and reliable service. The company's goal is to empower platforms with efficient payment solutions that enhance their offerings.

Palo Alto, CaliforniaHeadquarters
2008Year Founded
$72.2MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Competitive Pay
Stock Purchase Plan
Paid Time Off
Healthcare
401(k)
Support for families

Risks

Emerging fintech startups with lower fees could erode WePay's market share.
Blockchain adoption may challenge WePay's traditional payment methods, requiring adaptation.
Reliance on JPMorgan Chase's infrastructure poses risks if disruptions occur.

Differentiation

WePay offers a comprehensive API for seamless payment integration into platforms.
The company provides white-label solutions, allowing businesses to brand WePay's services.
WePay leverages JPMorgan Chase's scale for robust and dependable payment solutions.

Upsides

Embedded finance aligns with WePay's API-driven model, enhancing integration opportunities.
The gig economy's growth increases demand for microtransaction and instant payout solutions.
Open banking trends encourage collaboration, benefiting WePay through JPMorgan Chase.

Funding

Total raised$72.18 M
Latest valuation$400.00 M
StageACQUISITION
ACQUISITION
9/30/2017
$400
$400.00 M
LATE VC
4/30/2015
$40
$200.00 M
SERIES C
12/31/2013
$15
$75.00 M
SERIES B
4/30/2012
$10
$50.00 M
SERIES A
11/30/2009
$2
$8.50 M
SUPPORT PROGRAM
6/30/2009
N/A