Payments Industry Veteran Steven Pellizzer Poised to HelpFurther Accelerate Growth of Company
WePay, the payments company powering platform businesses, continues to build on its top notch executive team by announcing today that Steven Pellizzer has been named Chief Financial Officer. Steve will be a key player in furthering WePay’s role as a leader in online payment processing for platform businesses such as marketplaces, crowdfunding sites and small business software.
Steve joins WePay at an exciting time of growth as the company is expanding internationally and recently unveiled new API capabilities of its patent-pending risk engine technology, Veda™.
“We’re excited to have Steve join the WePay team,” said Bill Clerico, CEO of WePay. “He is a proven financial executive and payments veteran with over 12 years of experience in the industry. His financial and strategic expertise will be instrumental in further strengthening WePay’s commitment to helping marketplace platforms, crowdfunding sites and small business software businesses grow and prosper.”
“I’m thrilled to join a company driving meaningful economic growth while revolutionizing the payment experience for merchants,” said Steve Pellizzer, CFO at WePay. “The company is focused on its target market, growing exponentially and transforming the way buyers and sellers transact.”
Steve’s previous experience includes the role of CFO at CyberSource, a publicly held leading provider of electronic payment and risk management solutions used by online merchants, in which the Founder and CEO was an early investor in WePay. As part of the executive team, Steve was instrumental in growing revenue from $30 million to over $300 million, leading to Visa’s acquisition of CyberSource for $2 billion in June 2010.
WePay’s payments API is built specifically for platform businesses like marketplaces, crowdfunding sites and small business software. These platforms are empowering millions of users worldwide to unlock all kinds of creative commerce. Through its proprietary Veda™ risk engine, WePay gives platforms a flexible payments API that provides a great user experience while still being able to take on all their fraud risk and compliance burdens.
The company’s customer service team won the 2013 Gold Stevie Award for its outstanding work with customers.