Day on the Job: WePay CEO Bill Clerico may be young, but his company has $9M in funding and is growing at a torrid pace.
The Silicon Valley online payments startup grew by 1,000 percent last year and is hopeful it can repeat that level of growth this year. To do that, it's had to move away from its early friends-and-family roots and embrace small businesses.
Led by a list of prominent VCs, the new round of funding gives the 4-year-old company a valuation of $1.75 billion.
The payments company is streamlining operations as it takes on newcomers in the hot market for online and other payments, according to news agency sources.
Stripe enables any Web site to take credit card payments with no merchant account. Now it's extending that service to stores and groups that use platforms like Shopify, Reddit, or Skillshare.
Payment service WePay uses your social network and online behavior in its suite of antifraud technologies.
Startups hope $11,000 in bacon-wrapped cash and sassy billboards will keep top engineers from Google's dollar signs.
Built by Green Dot, GoBank is designed to give people many of the features of a traditional bank, including account security, right from their iPhone or Android device.
The new service means wireless carriers can sell customers a way to seamlessly make transactions at any credit card terminal with their phones, and no hardware has to be changed.