WePay Overview
- Founded
- 2008
- Status
- Acquired/Merged
- Employees
- 275
- Latest Deal Type
- M&A
- Latest Deal Amount
- $400M
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
(Operating Subsidiary)
- 350 Convention Way
- Suite 200
- Redwood City, CA 94063
- United States
WePay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 04-Dec-2017 | $400M | 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
Industry
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Request a free trialWePay Competitors (51)
| 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 | ||
| 0000000 0000000 00 | Private Equity-Backed | Atlanta, GA | 000 | 000.00 | 0000000 0000 | 000.00 |
| 0000 | Formerly Angel backed | Amsterdam, Netherlands | 0000 | 000 | 000000&0 | |
| 00000 | Formerly VC-backed | Cupertino, CA | 0000 | 000000&0 | 0000 | |
| 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 | Pending | 02-Aug-2017 | 00000000000 | |
| 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 | 0000000000 | 0 |
| US-20180276299-A1 | Systems and methods for flexible streaming aggregation for electronic transaction analysis | Granted | 11-Jan-2017 | ||
| US-20180218362-A1 | Systems and methods for electronic payment processing based on typed graph of payment lifecycle | Pending | 27-Jul-2016 | G06Q20/389 | 00 |
WePay Executive Team (19)
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
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialWePay 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 |