Payments-as-a-service company WePay is launching outside of the U.S. and Canada. Today the Palo Alto, California-based company expanded to the U.K.
That means that WePay clients such as GoFundMe, FreshBooks, and Constant Contact can now serve U.K. clients using WePay’s white-labeled, integrated service with fraud protection and compliance offerings. WePay CEO Bill Clerico said the launch facilitates what has “traditionally been a frustrating process for companies that offer payments.” Clerico adds, “By partnering with WePay, platforms can now integrate once and immediately offer the same level of payments service on both sides of the Atlantic, safely and seamlessly.”
To bolster business development efforts in the new region, WePay has opened a new office in London. The company has also opened an office in Providence, Rhode Island, to support extended customer-support hours.
WePay said Brexit was not a concern for the launch, saying that the developments “do not have bearing on WePay’s commitment or ability to support platform payments in the U.K.” The company added that, for North American platforms looking to launch internationally, the U.K. is a good destination. Along with the ease of the shared language, the country is the world’s third largest ecommerce market, claiming the world’s highest per capita ecommerce spend.
Founded in 2009, WePay launched its Veda Risk API at FinovateSpring 2014. In 2015, the company was named to the Inc. 500 list as the 62nd fastest-growing private company in the U.S. In May 2016, WePay launched a white-label mobile card reader.