WePay Overview
- Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
275
- Latest Deal Type
-
Accelerator/Inc
- Latest Deal Amount
-
$97K
WePay General Information
Description
Provider of an online payment platform designed to accept and process instant payments. The company's online payment platform delivers payments-as-a-service APIs for simple onboarding and activation of payments, without impacting the user experience, enabling enterprises to process instant onboarding and payments without friction or fraud.
Contact Information
Website
go.wepay.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Parent Company
Primary Office
- 350 Convention Way
- Suite 200
- Redwood City, CA 94063
- United States
+1 (855) 000-0000
WePay Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Accelerator/Incubator | 01-Jan-2009 | $97K | 0000 | Completed | Generating Revenue | |
7. Merger/Acquisition | 04-Dec-2017 | 00000 | 000.00 | 00000 | Completed | Generating Revenue |
6. Later Stage VC (Series D) | 20-May-2015 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
5. Later Stage VC (Series C) | 31-Dec-2013 | 0000 | 000.00 | 000.00 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 17-May-2012 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
3. Early Stage VC (Series A) | 12-Aug-2010 | 00.00 | 000.00 | 000.00 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 24-Dec-2009 | $1.75M | $2.7M | 00.000 | Completed | Generating Revenue |
1. Seed Round | 01-Jan-2009 | $950K | $950K | Completed | Generating Revenue |
WePay Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A | 5,931,863 | $0.001000 | $0.1 | $1.25 | $1.25 | 1x | $1.25 | 10.93% |
Series 1 | 5,011,085 | $0.001000 | $0.03 | $0.35 | $0.35 | 1x | $0.35 | 9.24% |
WePay Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of an online payment platform designed to accept and process instant payments. The company's online payment pla
Financial Software
Redwood City, CA
275
As of 2019
0000
000000000000
0000
WePay Competitors (50)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
CSG Forte Payments | Corporate Backed or Acquired | Allen, TX | 000 | 000000&0 | ||
00000 | Formerly VC-backed | Cupertino, CA | 0000 | 000000&0 | 0000 | |
000000 | Venture Capital-Backed | Stockholm, Sweden | 0000 | 00.000 | 0000000000 0 | 00.000 |
0000000 0000000 00 | Private Equity-Backed | Atlanta, GA | 000 | 000.00 | 0000000 0000 | 000.00 |
0000 000000000 | Private Equity-Backed | London, United Kingdom | 000 | 00000 | 00000000000 | 00000 |
WePay Patents
WePay Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20210174361-A1 | Systems and methods for instant merchant activation for secured in-person payments at point of sale | Active | 02-Aug-2017 | 00000000000 | 00 |
US-11593798-B2 | Systems and methods for instant merchant activation for secured in-person payments at point of sale | Active | 02-Aug-2017 | 000000000 | 00 |
US-20190392408-A1 | Systems and methods for distributed electronic payment processing using hierarchical payment graph | Pending | 23-May-2017 | 0000000000 | 0 |
US-10929418-B2 | Systems and methods for flexible streaming aggregation for electronic transaction analysis | Active | 11-Jan-2017 | 000000000 | |
US-20180276299-A1 | Systems and methods for flexible streaming aggregation for electronic transaction analysis | Active | 11-Jan-2017 |
WePay Executive Team (18)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
William Clerico | Co-Founder, Chief Executive Officer and Board Member | ||
David Wu | Advisor |
WePay Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Osama Bedier | Self | Board Member | 000 0000 |
William Clerico | WePay | Co-Founder, Chief Executive Officer and Board Member | 000 0000 |
WePay Signals
WePay Former Investors (26)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
500 Global | Venture Capital | Minority | 000 0000 | 000000 0 | |
Andrew McCollum | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Angus Davis | Angel (individual) | Minority | 000 0000 | 000000 0 | |
August Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Caffeinated Capital | Venture Capital | Minority | 000 0000 | 000000 0 |