Dude I know this happened a month ago but I’ve been staying at my parents’ now for three days and we’ve already had the “You should start thinking seriously about your relationships” conversation because I will soon be no longer in my twenties and if I don’t get married asap I will be sent to the glue factory. So it’s still relevant. → Read More
WePay, a Y Combinator backed startup that aims to take the hassle out of group paying, is unveiling a new ticketing feature that allows users to sell tickets online for events. As we’ve written in our previous coverage of WePay, the service is a dead simple way to collect, manage and spend money for groups.
On WePay, you can create a unique, FDIC insured account for each group. While the account… → Read More
Friendfund, the group payments startup that lets friends club together to make a purchase, has announced an undisclosed round of funding from a group on Angel investors described as, well, friends (I’m not making this up). The investment was led by Bjoern von Siemens in partnership with Linden VC.
However, cheesy PR aside, Friendfund is operating in an increasingly crowded and hot space right… → Read More
Almost exactly one year ago (their birthday is tomorrow), WePay launched its group payment platform to the public. The goal was simple: give people an easy way to divvy up bills, member dues, and other common transactions with an integrated payment system and easy reminders to nudge those fraternity members who haven’t paid their dues yet. The service is also handy for selling tickets and… → Read More
If you’re headed to PayPal’s big developer conference in San Francisco today, you may spot an unusual landmark sitting in front of the Moscone Center: a massive, 600 pound block of ice with hundreds of dollars locked beneath the surface. The frigid booty comes compliments of the WePay team, and they’re trolling PayPal’s conference in an effort to tell everyone in attendance that “PayPal freezes… → Read More
Hands across the water everyone! It appears that pulling together a combination of European and U.S. investors is creating some interesting synergies for young startups. UK-startup GroupSpaces, which recently announced new funding, has partnered with WePay, a former ycombinator startup billing itself as the “Paypal for groups”. With some deep API integration, GroupSpace users can now sign up to… → Read More
WePay, a Y Combinator backed startup that aims to take the hassle out of group paying, is making its platform more social today with the launch of two Facebook apps that help users collect money for events and groups.
WePay, a Y Combinator backed startup that aims to take the hassle out of group paying, has raised $7.5 million in Series B funding led by Highland Capital Partners with existing investor August Capital participating in the round. The startup previously raised funding last December from an all-star roster of angel investors including Max Levchin, Ron Conway, Dave McClure, and Steve Chen.
As we… → Read More
WePay, a startup that’s meant to help take the pain out of managing payments for groups like fraternities and soccer teams, has landed a big new hire: Rasmus Lerdorf, the man who originally created the programming language PHP. Lerdorf, who left Yahoo last November, will be leading development of WePay’s API. The API will begin rolling out to a small number of developers this summer (you can ask… → Read More
WePay, a Y Combinator backed startup that aims to take the hassle out of group paying, is launching to the public today. As we wrote in our initial coverage of the payments platform, WePay is an easy way to collect, manage and spend money for groups.
WePay’s core architecture is based around a prepaid debit card system, which makes its accounts not only easy to set up but also more flexible when… → Read More
Managing a baseball team, school club, or fraternity can be a rewarding experience. It can also be a total nightmare, at least when it comes to getting everyone to cough up their dues. WePay is a very promising startup in private beta that’s looking to fix group payments for good. Earlier today news broke that the company had raised $1.65 million from August Capital and some angel investors. … → Read More