WePay, Inc. was founded in 2008 by Bill Clerico and Rich Aberman. Aberman found he had difficulty collecting money from friends for his brother’s bachelor’s party, and after looking at the various online payment systems available, Aberman reached out to Clerico for help. WePay was later founded in California with monetary support from Max Levchin, a cofounder of PayPal, and angel investor Ron Conway.
Originally working out of the Boston area, WePay is now located in Palo Alto, California. What started off as a small endeavor is now one of the most-used payment services online. WePay covers many different areas of payment and finance including allowing small business owners to accept credit cards and utilizing crowdfunding for those who wish to seek funding for start-ups.
In 2011, the company had 30 employees, and by mid-2015 had grown to 100 employees, with an expected growth to at least 200 employees by the end of 2016.
WePay is #62 in the 2015 Inc. 5000 list of Fastest-Growing Companies in America with a three-year growth rate of 4,354%. The company has 93 employees and had $24.9 million in revenue in 2014. WePay is #5 in the Inc. list of Top Software Companies and #5 in Top San Jose Companies.
WePayWePay, Inc. was founded in 2008 by Bill Clerico and Rich Aberman. Aberman found he had difficulty collecting money from friends for his brother’s bachelor’s party, and after looking at the various online payment systems available, Aberman reached out to Clerico for help. WePay was later founded in California with monetary support from Max Levchin, a cofounder of PayPal, and angel investor Ron Conway.
Originally working out of the Boston area, WePay is now located in Palo Alto, California. What started off as a small endeavor is now one of the most-used payment services online. WePay covers many different areas of payment and finance including allowing small business owners to accept credit cards and utilizing crowdfunding for those who wish to seek funding for start-ups.
In 2011, the company had 30 employees, and by mid-2015 had grown to 100 employees, with an expected growth to at least 200 employees by the end of 2016.
History
WePay is #62 in the 2015 Inc. 5000 list of Fastest-Growing Companies in America with a three-year growth rate of 4,354%. The company has 93 employees and had $24.9 million in revenue in 2014. WePay is #5 in the Inc. list of Top Software Companies and #5 in Top San Jose Companies.
