At WeFinance our mission is to empower people to use their full selves to get the best possible financial outcomes.
Our Story
Eric Mayefsky is a good friend, and as the old saying goes, friends don’t let friends pay exorbitant interest rates on debt. While at his previous job, Eric began to loan his close friends money directly to help them refinance debts at lower interest rates than what they were paying. Both parties quickly realized these loans were a win-win, giving borrowers access to better terms and Eric a more productive way to use the money than sitting in a savings account.
WeFinance was founded in 2014 based off the beliefs that traditional credit metrics don’t always accurately determine if someone is low risk, and that being in debt isn’t something to be ashamed of. We’ve built the first loan crowdfunding platform driven by our borrowers’ networks and identities. By leveraging their own networks, our borrowers get the rates they deserve from people who have information about their creditworthiness that banks don’t, and leverage that show of trust to get better rates from other potential lenders as well. Our borrowers and lenders strengthen their relationships while keeping all the benefits and interest in their own community.
We’re a small team based in San Francisco’s SOMA district--the heart of the startup world. If you want to help us change how the world thinks about debt, we would love to talk to you. Check out our jobs or send us a note at [email protected].
Eric Mayefsky
Co-founder and CEO
Eric is passionate about making systems (financial and otherwise) more efficient and transparent all over the world. He started WeFinance after experiencing how much he and his friends benefited when they lent money directly to one another, and leads WeFinance's product and engineering efforts. Previously, Eric worked as a monetization, data and product manager on Facebook's ads products, focusing primarily on optimization and product stability. Eric has a BA/BS and Economics PhD from Stanford, where he studied behavioral market design.
Willy Chu
Co-founder and VP Growth
Willy found his way to online lending working on strategic initiatives and experimental partnerships at Kiva. Later, he helped build Credit Karma’s early partnerships with collection agencies and debt buyers. Willy believes in the power of social trust and wants to unlock its benefits through borrowing from and lending to everyday people. Previously, Willy invested and advised consumer goods companies at Encore Consumer Capital and Kurt Salmon. He earned a BA in Economics from Stanford and an MBA from Berkeley-Haas.
Sebastian Fung
VP Marketing
Sebastian joined WeFinance with the goal of making career improvement programs — from coding bootcamps to yoga instructor training — more accessible. Previously, Sebastian co-founded LendLayer, a lending platform that focused on coding bootcamps, which was acquired by Affirm in 2015. Before that, he worked at PwC in their Mergers & Acquisitions Tax group. He has a BA in Accounting and Finance from the University of Waterloo.
Tiffany Pham
Community and Operations Manager
Tiffany developed her passion for community growth within disruptive technology while at Dropcam, where she led customer advocacy and event operations. Dropcam was later acquired by Google/Nest. Tiffany believes that increasing transparency around debt will lead to better control of finances and wants to help people start the conversation. In her spare time she enjoys traveling, making to-do lists and playing darts.
Come change the world with us.
We have a bold vision for the future of lending, and every day we're convincing more people to take control of their own finances.
We believe in strong individual responsibility, ownership and personal growth, but also in coming together to support each other and our community.
If you're ready for the most responsibility, the biggest challenge, and the greatest opportunity to change the world for the better you've ever had, we want you to join us.
Don't see something here that fits you? Let's talk anyway.
