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Richard Aberman

Technology Executive and Innovator in Payment Solutions

Richard Aberman is a seasoned entrepreneur, investor, and product leader with extensive experience in the fintech and payments industry. He is currently a Visiting Group Partner at Open Core Ventures.1

Career Highlights

Co-Founder and Chief Product Officer at WePay: Aberman co-founded WePay in August 2008 and served as its Chief Product Officer for over 9 years. During his tenure, the company raised $75 million in venture capital, grew to 300 employees, and achieved profitability before being acquired by JPMorgan Chase in December 2017.1

JPMorgan Chase & Co.: Following WePay's acquisition, Aberman became the Managing Director of Chase Payment Solutions at JPMorgan Chase. He led the product team across the new SMB organization, helping to transform Chase's SMB payments business by launching innovative products like the QuickAccept feature in Chase Complete Checking.1

Y Combinator: From January 2022 to October 2023, Aberman worked at Y Combinator, describing his role as "CRISPR for startups".1

Current Role and Investments

As a Visiting Group Partner at Open Core Ventures, Aberman continues to be actively involved in the startup ecosystem. He leads demo day funds and invests in promising companies, particularly those emerging from Y Combinator batches.23

Education

Aberman graduated from Marjory Stoneman Douglas High School as salutatorian in a class of approximately 900 students. He then attended Boston College, where he earned a Bachelor of Arts in Political Science, Economics, and Philosophy. During his time at Boston College, he was selected for the prestigious Gabelli Presidential Scholars Program.1

Richard Aberman's diverse experience as a founder, product leader, and investor positions him as a valuable mentor and partner in the startup and venture capital ecosystem.

Related Questions

What are some of the notable startups Richard Aberman has invested in?
How did Richard Aberman's role at WePay influence his career?
What is the focus of the demo day fund led by Richard Aberman?
How did Richard Aberman's experience at JPMorgan Chase shape his investment strategy?
What are the key achievements of Richard Aberman at Open Core Ventures?
Richard Aberman
Richard Aberman, photo 1
Richard Aberman, photo 2
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Experience

Visiting Group Partner at Y Combinator, January 2022 - October 2023
Managing Director at JPMorgan Chase & Co., December 2017 - July 2021; Chief Product Officer & Co-Founder at WePay, August 2008 - December 2017

Education

Bachelor of Arts in Political Science, Economics, Philosophy from Boston College, 2003 - 2007

Location

Aptos, California, United States