WePay

Acquired

Online payments platform that provided integrated payment processing APIs for platform businesses, marketplaces, and crowdfunding sites. Founded after co-founder Rich Aberman struggled to collect money for a bachelor party, WePay was acquired by JPMorgan Chase in 2017 and operates as part of Chase Payment Solutions.

Founders Bill Clerico, Rich Aberman
CEO Bill Clerico

Company

Founded
2008
Headquarters
Redwood City, US

Financials

Total Funding
$74M
Sectors
Fintech Payments
go.wepay.com

Funding History

6 rounds
Acquired by JPMorgan Chase Dec 4, 2017
$400M
Series D May 20, 2015
$40M
FTV Capital (Lead) Rakuten Highland Capital Partners August Capital Continental Investors Ignition Partners
Series C Jan 16, 2014
$15M
Continental Investors (Lead) Highland Capital Partners August Capital Ignition Partners Max Levchin Webb Investment Network
Series B May 3, 2012
$10M
Ignition Partners (Lead) Highland Capital Partners August Capital
Series B Aug 12, 2010
$8M
Highland Capital Partners (Lead) August Capital
Series A Dec 23, 2009
$2M
August Capital (Lead) Max Levchin SV Angel Dave McClure Paul Buchheit Steve Chen
Seed Jun 1, 2009
Undisclosed
Y Combinator (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.