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WePay Receives $1.65 Milion for Group Payments
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WePay allows groups, being as large or as small as you would like, to create payment groups. Think a baseball team, or school class, that needs parents to pay dues or other expenses. The parents become members of the group and pay that group. Now individuals, such as a coach or other parents, do not need to physically collect cash or checks. That is a simplification of what they offer but you get the idea.
They provide electronic billing and collection through echecks, credit cards, and paper checks, and enable transparent spending through WePay debit cards, online bill pay, and electronic transfers.
Funding
Funding Total: $1,650,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 12/2009 | $1,650,000 | – | – |
| Investors: August Capital | ||||
Founders
- Posted in: Funding
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