Here’s our story

How we started

WePay started with a simple idea: an app that made it easy for friends to pool money for shared expenses like ski trips and club activities.

Yet that simple idea wasn’t so simple to execute. It was 2008, and no payments system could easily and safely pool money from groups of people to pay out to others.

So we built one. The team spent nearly two years negotiating contracts, dealing with regulators, and wrestling with bank integrations. We developed easy sign-up and frictionless checkout experiences. We also built one of the most advanced fraud detections systems around so we wouldn’t lose our shirts.

And it worked. WePay started to get traction. There was just one problem.

What we learned.

Group payments was a tough market. There just wasn’t enough repeat business in those ski trips and club activities. Low margins on low-value transactions didn’t help either.

Recognizing the need for a larger addressable market, we built a bunch of additional apps — from e-commerce shopping carts to crowdfunding sites to invoicing systems — on top of our payments system.

We grew a lot more. It was great, but it wasn’t enough. We were trying to be generalists, which meant our apps just weren’t as good as the ones focused on a single market with specific needs. But the payments engine we’d built? That worked great. In fact, it seemed to solve a lot of the problems we saw our competitors struggling with.

That’s when we realized we weren’t selling our greatest asset.

WePay today

Once we stopped building platforms and started serving them, our business really started to move. We’re now one of the fastest growing companies in America, and we power payments for some of the most successful business tools, marketplaces and crowdfunding sites around. 

What we learned is that focus matters. Just doing a bunch of things adequately isn’t enough. Doing something well doesn’t count if it’s the wrong thing. But when you know who you are and what you do best, that’s when you can build something magical.

So here’s who we are: we’re WePay. We do payments for platforms, that’s all we do and we do it better than anyone else. 

We see a lot more growth ahead. And we look forward to serving you — as a platform, a merchant on a platform, or an end user — along the way.

Our Values

DELIGHT<br />CUSTOMERS

DELIGHT
CUSTOMERS

INVEST IN<br />RELATIONSHIPS

INVEST IN
RELATIONSHIPS

PLAY TO <br /> WIN

PLAY TO
WIN

BE<br /> AUTHENTIC

BE
AUTHENTIC

EMBRACE<br />CHANGE

EMBRACE
CHANGE

Our customers’ success is our success

We deeply understand our customers and their needs

Customer intimacy is core to our strategy

We embrace our customers’ needs with passion and humility

We invest in relationships with employees, customers, vendors, and investors

“We” make it WePay – Take out the “We” and it would just be another payments company

Relationships strengthen us in tough times and bring opportunities for good times

We play as a team

Each individual constantly strives to be their best

We make the right play for the situation

We play with grit, determination, and resourcefulness

We are authentic, honest, humble, and transparent in everything we do

We communicate openly with respect

We give and receive constructive feedback regularly

We recognize reality and speak truthfully

We are not afraid to rethink how something should be done to make it better

The status quo is never good enough

We encourage well-considered risk-taking

We manage change skillfully

WePay is an exceptional partner to YouCaring. It is optimized for platforms like ours, understands our business, and provides top-notch customer support. We have worked with a few different payment providers, and found fundraisers using WePay earn more than other providers largely because of its seamless user experience, simpler payment submission form and fewer failed transactions.

Dan Saper, VP Product Management & Business Development, YouCaring

Platforms partnering

Executive bios

Bill Clerico

Bill Clerico

Co-founder and CEO

Bill was a technology investment banker at Jefferies, and studied Computer Science at Boston College.

Rich Aberman

Rich Aberman

Co-founder & Chief Strategy Officer

Rich was a law student at NYU. At Boston College, Rich studied Philosophy, Economics and Political Science.

Kurt Bilafer

Kurt Bilafer

VP, Sales & Customer Success

Kurt joined WePay in 2015 from SAP, where he ran global sales teams. Prior to that, he co-founded Pilot Software, which was sold to SAP.

Steve Pellizzer

Steve Pellizzer

CFO

For 10 years, Steve served as the CFO of CyberSource (NYSE: CYBS) until its acquisition by Visa for $2 billion.

Tina Hsiao

Tina Hsiao

VP, Customer Delight

Tina spent 10 years at Intuit running marketing and support teams. She has a degree from Columbia and a MBA from Harvard.

Chris Conrad

Chris Conrad

VP, Engineering

Chris spent 7 years at Linkedin as Director of Engineering running the Social Graph Database and Homepage teams.

John Canfield

John Canfield

VP, Risk Management

John spent 8 years at eBay as Senior Director of Fraud and Risk Management. He has degrees in engineering from MIT and a MBA from Stanford.

Susan Dunn

Susan Dunn

General Counsel

Susan was the GC for PayCycle, Bill.com and ODesk, has been a partner at Fenwick, and also clerked for the U.S. Supreme Court. She holds degrees from Harvard and Stanford.

Kathy Ryan

Kathy Ryan

VP, Human Resources

Kathy has more than 25 years of experience as an HR leader at global technology firms including Google, McAfee, Sony, and Sun Microsystems.

Investors

Enough about us, let’s talk about you You need a payments partner that gets you. We know our payments solution can meet your needs, because we built it to meet ours. Ready to see how partnering with WePay can make the difference?