I've been using WePay to manage sponsorship payments at http://hackersandfounders.com. I love the service, and if I could, I'd buy stock in the company.

Really appreciate the compliment, Jonathan. It means a great deal coming from you.

BTW - Hackers and Founders is awesome. At least one person from WePay will be at the SF meetup tomorrow.

Out of curiosity, does YC give have a marketing team that helps the startups get this kind of publicity?

We do introduce startups to reporters, but we weren't responsible for this one.

Perhaps you were not the proximate cause...

Interesting formulation of the group payment problem (we are a group of people, and we want to keep track of our payments).

Nice constrast to for example Eventbrite (I want to sell tickets to an event) or SimpleSignup(I want people to be able to sign up to my event(s)).

Totally recommended for any college student. Anyone who has lived with roommates knows the pain of fronting a bill and having to collect later.

If you want to go international you should get in touch with these guys: http://www.gluepay.com/

They do instant withdrawals/deposits to bank accounts, AFAIK they currently cover most of Europe. I have no affiliation except a former colleague works there now.