Online payments startup WePay is expanding into new territory today with the launch of a new native app for iOS that allows small businesses to invoicing and charge credit cards on the go. → Read More
Online payments startup WePay has been on a roll lately. The company is processing hundreds of millions of dollars in payments annually, and adding more than 1,000 active merchants per week. But it wants to accelerate that growth even further, by rolling out payment buttons that will allow anyone to add in-line payments to their sites with just a single line of code.
WePay is a Y… → Read More
Online payments startup WePay is today announcing lowered pricing and new API features, as it celebrates the one-year anniversary of its WePay Payments API. The company, which is backed by $19.2 million in venture funding, is actually a bit older than just one year, however. As you may remember, WePay first emerged from Y Combinator in 2009 as a simple tool to collecting group payments. The… → Read More
Online payment platform WePay just announced that it has raised $10 million in a new financing round. This round was led by Ignition Partners. Two of the company’s existing investors, Highland Capital Partners and August Capital also participated in this round. WePay, which bills itself as the “anti-PayPal,” is a Y Combinator alumni and was founded in 2008. The company raised a total of $9.15… → Read More
France-based Leetchi, a group payment application along the lines of US-based WePay, has raised a series B funding round of $5.5 million led by Idinvest. The round also includes Leetchi’s previous investors, 360 Capital Partners. The French company now aims to open in the UK and Germany and launch a new B2C service. Along with France, Leetchi will then be aiming at a combined Internet population… → Read More
Online payments platform and PayPal competitor WePay is adding a key new feature to its easy-to-use technology—Invoicing.
For background, WePay is a Y Combinator backed startup that launched in 2009 to take the hassle out of group paying. Unlike some of its competitors, the service was able to dead simple way to collect, manage and spend money for groups. The company has since evolved into a… → Read More
Online payments platform and PayPal competitor WePay is announcing its growth data for 2011, and revealing details on the startup’s product strategy for 2012. In case you aren’t familiar, WePay is a Y Combinator backed startup that launched in 2009 to take the hassle out of group paying. Unlike some of its competitors, the service was able to dead simple way to collect, manage and spend money for… → Read More
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
Back in March 2010, WePay launched to the public as a group-payments platform — one that makes it easy to coordinate things like fraternity dues and bills that you share with your roommates. They’ve since expanded to offer event ticketing and support for donations, and today they’re launching a feature that puts it in even more direct competition with PayPal: WePay Stores.
The feature lets… → 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’s Sell Tickets app allows users to sell tickets for any Facebook Event and lets users create an event directly from the app itself. Similarly, the Collect Money app gives… → Read More
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
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