About Us

WePay helps businesses get paid easily in the software and apps they use every day.

Our Story

2008

Started in Boston

Founded in Boston as an early innovator in the peer-to-peer payments space right when social media and smartphones popped.

2009

Interest in API

Attracted interest from third-party developers seeking an API to facilitate a simple payments approach on their platforms.

2010

First platform API

Released an API - the first we know of to help platforms support and monetize payments.

2011

Better payment UX

Collaborated with new crowdfunding platform GoFundMe to develop a better UX via progressive onboarding and embedded checkout.

Doubled down on APIs with an improved v2 and pioneered using OAuth2 for merchant authentication and on-boarding.

2012

Embedded payments

Pivoted completely from peer-to-peer to embedding payments in third-party software platforms.

2013

Risk engine

Introduced an intelligent risk engine combining social media data with proprietary algorithms to help identify and prevent merchant fraud.

2014

Whitelabel API

Released our first whitelabel API, the predecessor to today’s WePay Clear, in conjunction with cloud accounting provider FreshBooks.

Launched Canada support.

2016

mPOS

Introduced pre-certified mobile credit card readers to support in-person payment use cases.

Launched UK support.

2017

JPMC Acquisition

Acquired by JPMorgan Chase

2019

Link, Clear, Core Products

Announced product line of Link, Clear, and Core to solve more integrated payments use cases and add key JPMorgan Chase services for incremental value.

Launched same-day payouts on us to Chase bank accounts.

2008

Started in Boston

Founded in Boston as an early innovator in the peer-to-peer payments space right when social media and smartphones popped.

2009

Interest in API

Attracted interest from third-party developers seeking an API to facilitate a simple payments approach on their platforms.

2010

First platform API

Released an API - the first we know of to help platforms support and monetize payments.

2011

Better payment UX

Collaborated with new crowdfunding platform GoFundMe to develop a better UX via progressive onboarding and embedded checkout.

Doubled down on APIs with an improved v2 and pioneered using OAuth2 for merchant authentication and on-boarding.

2012

Embedded payments

Pivoted completely from peer-to-peer to embedding payments in third-party software platforms.

2013

Risk engine

Introduced an intelligent risk engine combining social media data with proprietary algorithms to help identify and prevent merchant fraud.

2014

Whitelabel API

Released our first whitelabel API, the predecessor to today’s WePay Clear, in conjunction with cloud accounting provider FreshBooks.

Launched Canada support.

2016

mPOS

Introduced pre-certified mobile credit card readers to support in-person payment use cases.

Launched UK support.

2017

JPMC Acquisition

Acquired by JPMorgan Chase

2019

Link, Clear, Core Products

Announced product line of Link, Clear, and Core to solve more integrated payments use cases and add key JPMorgan Chase services for incremental value.

Launched same-day payouts on us to Chase bank accounts.

Our Values

WePay’s corporate values are core to who we are and how
we operate each and every day.

Delight Customers

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.

Drive Excellence

We own the quality of our work. We deliver and demand excellence every day, as individuals and teams.

Embrace Change

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.

Be Authentic

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.

Our Team

Bill Clerico,

Co-founder & CEO

Bill has grown WePay from a Y Combinator startup through acquisition and beyond. He is an angel investor, part-time partner at Y Combinator and loves helping other entrepreneurs. He studied Computer Science at Boston College where he was also Baldwin, the team Mascot.

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 recently took up surfing and ‘has never been so bad at something he enjoyed so much.’

John Frerichs,

CFO

John leads WePay’s Finance, Accounting, and Analytics functions. He joined WePay from JPMorgan Chase, and previously worked at McKinsey & Company and UBS AG. John is an avid traveler and has visited all 50 states in the US.

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 after earning an MBA from Harvard, and hopes one day to start a WePay a cappella group.

Chris Conrad,

Senior VP Engineering

Chris enjoys leading engineering teams to scale, now doing so across all development teams. He spent 7 years at Linkedin as Director of Engineering running the site’s Homepage and Social Graph Database teams. He is an aspiring Mouseketeer.

Jennifer Parker,

CRO

Jennifer oversees the company's sales, marketing, implementation and customer success activities. She joined WePay in 2018 after eight years managing JPMorgan Chase sales teams, and earlier worked at Pfizer and Accenture. She has an ability to memorize long strings of numbers - and is searching for a better use for this skill than making it easier to spend money on shopping and travel.

Diversity and Inclusion

As a company, we strive to be the change we want to see in the workplace and the world. For us, that means a workplace that is welcoming and empowering. We work constantly to build a more diverse and inclusive team. In the wider world, we believe the technology and finance industries can do more to fairly represent and support all of our customers. We are working towards that goal.

Every customer, every partner, every employee views the world differently and brings unique solutions, strategies and approaches. This diversity provides strength to all of us. By being open and welcoming and by including all points of view, we build better payments solutions for everyone.

“WePay has a moral imperative to be a leader in the changes occurring in our society. We are already a company with a great culture and commitment to diversity, but we can do more. Diversity and inclusion must be a foundation of how we operate and we must include diversity in our outlook when building products so we can support all of our potential customers.”

- Bill Clerico, CEO of WePay

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In The News

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