W
WePay
Fintech · Palo Alto, United States · Founded 2008
Provides online payment gateways and payment solutions MoreLess
WePay, a Chase Company, operates as a payment gateway specifically designed for platforms. It primarily serves Independent Software Vendors (ISVs) and Software as a Service (SaaS) providers, enabling them to integrate payment processing capabilities into their platforms seamlessly. The company operates in the financial technology (fintech) market, focusing on providing secure, scalable, and efficient payment solutions.
WePay's business model revolves around offering a comprehensive API (Application Programming Interface) that allows its clients to embed payment functionalities into their software. This API supports various use cases and payment methods, ensuring that businesses can handle transactions smoothly and securely. WePay's solutions are optimized for scalability, meaning they can handle growing amounts of work or transactions without compromising performance.
The company makes money through several revenue streams. Firstly, it charges fees for processing payments. These fees can be a percentage of the transaction value or a fixed amount per transaction. Secondly, WePay earns referral fees by referring merchants to Chase's integrated payment solutions. Additionally, it offers white-label solutions, where businesses can brand WePay's payment services as their own, and charges for this service.
WePay leverages the scale and reliability of JPMorgan Chase, the largest wholly owned merchant acquirer globally, to provide robust and dependable payment solutions. This partnership allows WePay to offer faster payouts and support a range of pre-certified devices for card-present solutions, which are transactions where the card is physically present.
In summary, WePay is a fintech company that provides payment gateway solutions for platforms, focusing on ISVs and SaaS providers. It operates by offering a secure and scalable API, making money through transaction fees, referral fees, and white-label services.
Keywords: Payment Gateway, Fintech, API, ISVs, SaaS, Secure Payments, Scalable Solutions, JPMorgan Chase, Transaction Fees, White-label.
Company overview
WePay company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2008
- Headquarters
- Palo Alto, United States
- Employees
- 106
- Open positions
- None listed
- Dealroom signal
- 62.2
Valuation & funding
WePay funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2017 | $400M | $400M | JP Morgan | ↗ |
| LATE VCOther financing | May 2015 | $40M | $160M | SV Angel · Y Combinator · Rakuten · Max Levchin | — |
| SERIES COther financing | Jan 2014 | $15M | $60M | Webb Investment Network · Max Levchin | — |
| SERIES BOther financing | May 2012 | $10M | $40M | Highland Capital Partners · Webb Investment Network · Ignition Partners · August Capital | — |
| SERIES BOther financing | Aug 2010 | $7.5M | $30M | August Capital · Highland Capital Partners | — |
| SERIES AOther financing | Dec 2009 | Max Levchin · August Capital · SV Angel · Raymond Tonsing | — | ||
| SEEDOther financing | Sep 2009 | Y Combinator | — | ||
| SEEDOther financing | Jan 2009 | Angus Davis · Y Combinator | — |
Growth signals
WePay website traffic
Latest recorded traffic for WePay is 8.2K monthly website visits, down 18% over the last three months. WePay's team declined 72.6% over the past year.
Comparisons
WePay compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
WePay's talent
Source: Dealroom Talent Intelligence.
Investors
14 investors on WePay's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where WePay has talent and traffic
In the news
Latest news about WePay
Recent press, funding announcements, and product moves mentioning WePay — open to read from the original sources.
Market sentiment
What the market is saying about WePay
An AI-synthesized read of the highest-engagement posts about WePay on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See WePay’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.