Whop

Whop

E-commerce marketplace with trading education

Overview

Whop combines an e-commerce marketplace with trading services, sports betting, and education. It sells products and services, offers premium memberships like FXHunters and Profit Genie, and runs a sports-betting service across major leagues; it also provides AI-powered trading tools, educational content, and a private Discord with trade signals. The platform differentiates itself by uniting shopping, learning, and active trading under one roof with membership communities and practical insights rather than vague promises. Its goal is to help customers earn money and improve financial literacy through actionable picks, cheat sheets, podcasts, and guided trading education while prioritizing customer satisfaction.

About Whop

Simplify's Rating
Why Whop is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Fintech

AI & Machine Learning

Financial Services

Company Size

501-1,000

Company Stage

Series B

Total Funding

$35M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • February 2026 financing valued Whop at $1.6 billion, with Tether participating.
  • May 2026 platform data showed 313,643 products and about $70.7 million monthly revenue.
  • July 2026 Whop Ads and Cards deepen monetization while reducing checkout and spending friction.

What critics are saying

  • July 29, 2026 California class action alleges deceptive auto-renewal billing; damages and injunction follow.
  • Whop Treasury, Cards, and Ads increase regulatory exposure across money transmission, stablecoins, and advertising.
  • Marketplace concentration around high-risk trading, sports picks, and gray-market education invites chargebacks and platform bans.

What makes Whop unique

  • Whop bundles storefronts, payments, ads, treasury, and cards for internet-native businesses.
  • July 2026 CLI targets humans and AI agents, expanding beyond marketplace software.
  • Thousands of sellers and 22 million buyers create a built-in distribution moat.

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Funding

Total Funding

$35M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Unlimited Paid Time Off

Wellness Program

Paid Vacation

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

3%
Newswire
Jul 21st, 2026
NYSE Content update: Whop unveils CLI product to boost business owners.

NYSE Content update: Whop unveils CLI product to boost business owners. Jul 21, 2026, 08:55 ET NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, July 21, 2026 /CNW/ - The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on July 21st * Investors are focusing on new geopolitical events and fresh corporate earnings ahead of market open. * Fintech startup Whop launches its command-line interface offering. * Built for use by humans and AI agents. * Designed to power business growth in plain language prompts. * CEO Steve Schwartz will join NYSE Live to explain how the solution expands capabilities for business owners. * Infor CEO Kevin Samuelson will join NYSE Live to discuss AI trends he's seeing across his customer base and enterprises at-large. Opening Bell The Pan-Mass Challenge celebrates 47 years of impact Closing Bell God's Love We Deliver rings the Closing Bell For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com SOURCE New York Stock Exchange Joe Benarroch, [email protected], Head of Content, Media Partnerships, & Distribution

Thailand Business Directory
Jul 21st, 2026
NYSE content update: Whop unveils CLI product to boost business owners.

NYSE content update: Whop unveils CLI product to boost business owners. July 21, 2026 By PR Newswire NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, July 21, 2026 /PRNewswire/ - The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Infor CEO to discuss 'AI Boomerang' effect Ashley Mastronardi delivers the pre-market update on July 21st * Investors are focusing on new geopolitical events and fresh corporate earnings ahead of market open. * Fintech startup Whop launches its command-line interface offering. * Built for use by humans and AI agents. * Designed to power business growth in plain language prompts. * CEO Steve Schwartz will join NYSE Live to explain how the solution expands capabilities for business owners. * Infor CEO Kevin Samuelson will join NYSE Live to discuss AI trends he's seeing across his customer base and enterprises at-large. Opening Bell The Pan-Mass Challenge celebrates 47 years of impact Closing Bell God's Love Thailand Business Directory Deliver rings the Closing Bell For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com Bank of Montreal at the NYSE on July 20 The information provided in this article was created by Cision PR Newswire, its news partner. The author's opinions and the content shared on this page are their own and may not necessarily represent the perspectives of Thailand Business Directory.

PR Newswire
Jul 21st, 2026
Whop launches CLI product for business owners and AI agents

Fintech startup Whop has launched a command-line interface product designed for use by both humans and AI agents. The CLI tool aims to power business growth through plain language prompts. CEO Steve Schwartz is set to discuss how the solution expands capabilities for business owners during an appearance on NYSE Live. The announcement was included in the New York Stock Exchange's pre-market daily advisory from the trading floor on 21 July 2026. The launch comes as investors focus on geopolitical events and corporate earnings ahead of market open.

Archynewsy
Jun 14th, 2026
Whop hits $1.6B valuation after $17M Series B, claims 650 users earned $1M+

Whop, a marketplace for digital products and online communities, has reached a $1.6 billion valuation following a $17 million Series B funding round led by Inspired Capital. The platform enables creators to monetise access to private groups, software and educational content through a take-rate structure on subscription payments. CEO Steven Schwartz claims over 650 individuals have earned at least $1 million using the platform's infrastructure. Whop hosts thousands of digital businesses ranging from stock trading signal groups to AI-powered software tools and e-commerce training courses. The company distinguishes itself from legacy platforms like Patreon and Gumroad by focusing on utility-based digital products rather than fan memberships or one-time sales. However, it faces scrutiny over consumer protection, particularly in trading and betting sectors.

RegTech Africa
May 30th, 2026
Global: Whop launches stablecoin-powered debit card for digital businesses.

Global: Whop launches stablecoin-powered debit card for digital businesses. Whop has launched a new stablecoin-powered debit card designed to allow businesses on its platform spend directly from their Whop balances without first transferring funds to an external bank account. The launch of Whop Cards marks a major step in the company's effort to create a fully integrated digital business ecosystem, enabling entrepreneurs to launch, grow, manage, and spend their earnings entirely within the Whop platform. The cards operate on the Visa payment network, giving users access to more than 150 million merchant locations globally. Businesses using the cards will also be eligible to earn up to five per cent cashback on qualifying purchases. According to the company, the launch completes what it describes as a "closed-loop" internet business economy, where creators and online entrepreneurs can seamlessly manage their commercial activities from a single ecosystem. "Whop's strength lies in its fully integrated ecosystem, where storefronts, advertising, wallets, and financial products like Whop Cards work seamlessly together in one place," said Steven Schwartz, Chief Executive Officer of Whop. "Whop Cards accelerate our vision for a true closed-loop economy, where businesses can both earn and spend while leveraging our built-in advertising products to run and manage campaigns directly from the same dashboard. Together, these tools empower global users to build sustainable internet-based businesses on their own terms," he added. Completing the digital business lifecycle. Whop said the new card addresses a longstanding friction point for entrepreneurs using the platform. Previously, the company's growing community of over 40,000 monthly earners could only access their revenue by withdrawing funds into traditional bank accounts. The introduction of Whop Cards eliminates that step, allowing users to move earnings directly into a card balance and spend funds in real time. The company described the product as a cornerstone of its broader financial infrastructure, aimed at simplifying payments and improving accessibility for internet-native businesses operating across borders. Stablecoin infrastructure at the core. Whop Cards are powered by the company's stablecoin infrastructure, with transactions processed through Visa's global payment rails. The integration is designed to provide businesses with faster and more flexible access to funds while reducing exposure to currency volatility and limiting dependence on traditional payment systems. By leveraging stablecoin-based settlement, the company says businesses worldwide can transact more efficiently from launch, particularly those operating in global digital marketplaces. The launch also builds on the company's recently introduced Whop Finance suite, a broader set of financial products designed to help creators and digital entrepreneurs manage, spend, and reinvest earnings generated through the platform. As part of the offering, users can earn cashback rewards of up to five per cent on eligible purchases, including spending on ride-hailing services, Whop Content Rewards, and advertising products, enabling businesses to reinvest directly into customer acquisition and growth initiatives. The latest move signals Whop's growing ambition to deepen its role beyond marketplace services into embedded finance, as competition intensifies among platforms seeking to support the next generation of internet-native businesses.

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