WePay came about because two friends couldn’t find a modern solution to help them split the cost of a ski house rental. This was before peer-to-peer products that exist today, so they built one, painstakingly developing a safe and secure online payment processing infrastructure that could operate on top of traditional financial rails.
The company later moved into apps and then pivoted from P2P to B2B and B2C, finding that its flexible API was particularly useful in enabling integrated payments for platforms. That focus led to rapid growth, more funding, team and technology expansion, and eventually to acquisition.
From its beginnings to the present, WePay’s remained a people company - determined to do right by the millions we serve - with an unending passion for technology as an incredible enabler.
WePay’s corporate values are core to who we are and how we operate each and every day
We understand our customers and embrace their needs. We identify ways to help customers. We measure our success by our customers’ success.
Invest in Relationships
“We” make it WePay – take out the “We” and it would just be another payments company. We get to know people and organizations, their aims and aspirations, and their challenges.
We own the quality of our work. We deliver and demand excellence every day, as individuals and teams.
We believe status quo isn’t good enough. We are not afraid to rethink how something should be done to make it better. We encourage well-considered risk-taking. We manage change skillfully.
We are honest and transparent. We do what we say we’ll do. We communicate with respect. We act with integrity. We give and receive constructive feedback regularly.
Push the Pace
We drive forward. We execute with urgency. We don't do tomorrow what we can do today. We push limits.
- 275 WePayers strong… and growing
- Led by co-founders Bill Clerico and Rich Aberman
- Headquartered in Redwood City, CA with satellite offices in Providence, RI and London
- Processing billions annually for platforms including BigCommerce, Constant Contact, and GoFundMe
- 2008: WePay is born in Boston
- 2009: Moved to Silicon Valley for Y Combinator incubator
- 2011: Our first generation API. Began to support platforms
- 2014: Surpassed $1b annual processing
- 2015: Started to support merchants outside the US
- 2016: Entered card-present space with mPOS launch
- 2017: Acquired by JPMorgan Chase
- 2018: Announced tablet POS solution
- Best Places to Work
- Inc. 500 (fastest growing private companies)
- Stevie Awards for customer service
Leadership Team Bios
Bill Clerico, Co-founder and CEO
Bill has grown WePay from a Y Combinator startup to acquisition by Chase. He is also an angel investor and part-time partner at Y Combinator, and loves helping other entrepreneurs. He studied Computer Science at Boston College.
Rich Aberman, Co-founder & CSO
Rich leads WePay product strategy and speaks frequently at fintech conferences and to the media on payments and innovation. He studied Philosophy, Economics and Political Science at Boston College.
John Frerichs, CFO
John is a veteran finance and operations executive with experience at organizations including McKinsey, UBS and Merrill Lynch. He joined WePay from JPMorgan Chase’s Community & Consumer Banking Group.
Tina Hsiao, COO
Tina has built out and run several WePay teams including Customer Delight, Operations, and Marketing. She also oversees Human Resources. She spent 10 years at Intuit and earned an MBA from Harvard.
Chris Conrad, Senior VP Engineering
Chris enjoys leading engineering teams to scale, now doing so across all development teams. Earlier he spent 7 years at LinkedIn as Director of Engineering running the site’s Homepage and Social Graph Database teams.
Jennifer Parker, CRO
Jennifer oversees the company's sales, marketing, and customer success activities. She joined WePay in 2018 after eight years managing JPMorgan Chase sales teams, and earlier worked at Pfizer and Accenture.
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Customers We Serve
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In the News
See the latest news about WePay and the payments industry and events of interest.