JPMorgan Chase has officially completed its transaction of WePay as of Monday (Dec. 4). In an announcement, WePay said that under the terms of the deal, announced in October, the company will continue as a standalone operation, “while also leveraging Chase’s broader capabilities and acting...
Can big banks be nimble of foot when it comes to FinTech? One giant — JPMorgan Chase & Co. — is taking some definitive steps on that stage. JPMorgan announced today (Oct. 17) it is acquiring payments platform WePay. The combination will create an ecosystem of platform developers...
February 14, 2018
The CEO of WePay says that the demand for cryptocurrency isn’t high enough for payment companies to start offering it. Bill Clerico said in a phone interview that his company is client-focused and hasn’t gotten enough requests to support cryptocurrency transactions, according to Bloomberg. While Clerico did admit that “crypto is very interesting,” he said […]
