Whop

Whop provides payments, checkout, invoicing, payouts and embeddable components through an API for running online businesses. Its product includes card and local payment methods, payouts in several forms including bank transfer, crypto and Venmo, automated sales tax handling, and tax forms for payees. The website states that $4.6B+ has been paid to businesses on Whop.

Customers are sellers of courses, coaching, software, agency services, events and physical products, and platforms such as marketplaces, gig-economy and creator platforms that embed Whop infrastructure in their own apps. Revenue comes from transaction fees: the published standard rate is 2.7% + $0.30 per successful domestic card transaction, with custom pricing for high-volume businesses.

Job listings show offices or hiring locations in Palo Alto, California and Brooklyn, New York, with 36 open roles across sales, growth, engineering, finance, legal and people teams. The website says 27,000+ businesses use Whop and announces a $200M Series C and a $200M strategic investment from Tether. The founding year is not stated in the input.

Product: Payments, checkout, invoicing and payouts for online businesses, delivered via API and embeddable components for sellers and platforms.