Just finished up by first trip to Spain
7 days. 15+ IRL meetings. 5 different cities.
Since landing i've:
→ taken a client to front row seats at a Barca game
→ hosted a soccer game with 10+ companies
→ had dinner with the biggest podcast owner in Spain
→ visited the biggest studio in Spain
Hyped to say we are just getting started🥂
Financial reports just dropped on Whop 🔥
Get a full breakdown of your revenue, fees, payouts & balances all in one place.
No more guessing what you actually made.
We spent 4 years building a payments network for the new internet.
Entrepreneurs now earn $3.3B annually on Whop. Millions of people are clipping, labeling data, deploying agents, and starting businesses to get paid.
Today we're opening Whop Payments Network to everyone.
We are excited to announce that @tether, the largest stablecoin company in the world, is making a strategic investment of $200M into Whop, valuing us at $1.6B.
Our partnership with Tether marks a major step in building the world's largest internet market. Tether is committed to enabling everyone in the world to participate in the new internet economy. The way humans work and create value is changing fast. The world needs both an open internet market giving people a platform to conduct business, as well as a transparent payments network.
Tether and Whop together will work to bring a sustainable income to billions of people throughout the world. There is enormous opportunity when you combine Tether’s global scale and wallet technology with Whop’s community of next generation entrepreneurs.
My co-founders and I met as teenagers on the internet selling software. We first launched Whop as a way for us to sell our own software to people in Facebook and Discord forums. Prior to Whop, the place we found customers was different from the place we collected payments, different from the place we talked to customers, and there wasn’t a central place to “do business” on the internet.
In partnership with Tether, we will be scaling infrastructure in real-time for new business models as they emerge across the globe.
The job is just getting started.
🚀
🇦🇺 Whop now supports local acquiring in Australia
What does this mean?
If you have Aussie customers, their payments now route through a local Australia processor
➡️ No more cross-border fees
➡️ Lower processing rates (2.7% vs 2.9% + 1-1.5%)
➡️ Higher authorization rates
Doesn't matter where your business is based - US, EU, Dubai - your aussie customers get domestic rates
Whop now has local acquiring in US, EU, CAD, AUD, UK, with more to come 🫡
We are excited to announce SideShift has joined the Whop payments network.
SideShift has facilitated over $10M in payouts to 10k+ college students, now powered by Whop.
We are excited to partner with businesses pioneering new ways to earn in a post-W-2 economy.
We're excited to announce Whop is now the official payments network for Ohana.
Now anyone can sublease their apartment, earn money & collect rent through whop.
Whop is now the exclusive payments network for Z Fellows.
All ZF cohorts will have immediate access to:
⁃Free processing on first $200K in volume
⁃Distribution to 100K+ businesses, and 15M+ users
⁃Deployed payments engineer