WePay YC Application

Summer 2009Acquired

WePay went through Y Combinator in the Summer 2009 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2009
Industry: FintechPayments
Team size: 400
Status: Acquired
Launched: 2012

Founders

Bill ClericoFounder/CEO

What WePay does

WePay is a multi-party payments API for SMB SaaS, POS Platforms, and Online Marketplaces. It was acquired by JPMorgan Chase in 2018.

WePay's YC application, reconstructed

Y Combinator application

WePay, Summer 2009 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

WePay

Describe what your company does in 50 characters or less.

Payments for platform businesses.

What is your company going to make? Please describe your product and what it does or will do.

WePay is a multi-party payments API designed specifically for SMB SaaS, point-of-sale platforms, and online marketplaces. Our product lets platforms handle payments directly from their users without building complicated banking relationships or regulatory infrastructure themselves.

Where do you live now, and where would the company be based after YC?

We live in Redwood City, California, and plan to keep the company based here after YC.

Explain your decision regarding location.

Redwood City is where we have our network and where Bill is located. Being close to Silicon Valley investors and potential clients is key for a fintech startup like ours.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real WePay YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from WePay's public data (launch notes, founder backgrounds, product description). It shows how a company like WePay would present itself to YC, not the text they submitted.