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Cory Capoccia

Executive

PPP
Type
Person
Role
Executive
Programs
PPP
Updated

The profile

Former President of Womply, who ran the partner channel and lender relationships behind its PPP work.

Individuals whose conduct was challenged or called into question during or after the pandemic. See sources: House fintech report, Dec. 1, 2022 SBA statement, Dec. 8, 2022

Identity and role

Cory Capoccia was President of Womply (Oto Analytics, Inc., d/b/a Womply), also titled Chief Business Development Officer, with responsibility for its partner channel, data, financial partnerships, products including Womply Pay, and finance and people operations.12 Womply was founded in 2011 by Toby Scammell.3 Womply's AngelList page listed Capoccia as Vice President of Business Development by February 2013, and press releases called him President from August 2014.456 Some directory profiles, a podcast and his own signatures on a 2020 letter to Congress and a 2022 court declaration describe him as a co-founder.7 In 2020 he owned about 5 percent of Womply, according to a company PPP application cited by the House Select Subcommittee on the Coronavirus Crisis.8

Biography

Capoccia grew up in Southern California and graduated with honors from UCLA in business economics and accounting.2 Before Womply he was part of the founding team of Verifi, a payments risk-management company Visa acquired in 2019, where his public work history runs from 2006 to 2012; earlier he worked at Morgan Stanley, the hedge fund Himelsein Mandel and Deloitte & Touche.29 By YPO's account he helped raise more than $60 million for Womply and built out its San Francisco and Lehi, Utah offices.2

Pandemic relief

On March 24, 2020 he signed the fintech coalition letter to Congress with Scammell.10 As President he signed Womply's application for its first PPP loan in 2020, and he and Scammell dealt directly with Harvest executives on the second, approved in February 2021.8 During PPP Fast Lane, which routed about 1.4 million loans to partner lenders in 2021, he handled lender relationships: in March he asked fellow YPO members to press Congress to extend the program;1112 in April he asked DreamSpring to raise its daily funding "closer to the $20m/day that we originally discussed"; in May Benworth's CEO wrote to him and Scammell about fraud in Womply-referred applications; and Fountainhead said SBA Inspector General requests for loan files had first been forwarded to him.8 He also received two PPP loans for his own businesses, at least one through Womply's platform, and both were forgiven. Like Scammell, he declined the Subcommittee's invitation to speak with it, the report says.8

The FTC's 2024 case named the company and Scammell, not Capoccia, and no Womply executive has been criminally charged in any PPP matter.1314

Where he is now (2025–2026)

His LinkedIn page shows his Womply tenure ending in 2022, followed by a year at Solo Global, the payments venture he formed with Scammell in January 2022, which now appears dormant. It also lists board, advisory or contributor roles at the National Society of Leadership and Success, Peak Power, Forbes Technology Council and YPO; those are self-reported.1516

Documents on this site

Original source documents and archived copies

  • U.S. House Select Subcommittee on the Coronavirus Crisis, "How Fintechs Facilitated Fraud in the Paycheck Protection...
  • Leaders in Payments Podcast, "Cory Capoccia, Co-Founder & President of Womply" Episode 7, March 3, 2020
  • The Org, "Cory Capoccia — Womply"
  • Crunchbase, "Cory Capoccia"
  • FTC, "FTC Actions Against Companies Making Deceptive Pandemic Loan Promises…" March 2024
  • LinkedIn, Cory Capoccia self-reported experience and current board/advisor roles
  • OnDeck, "Letter to Congress" March 24, 2020, OnDeck hosting
  • OnDeck, "Letter to Congress" March 24, 2020, Womply hosting
  • YPO, "Cory Capoccia," education, Verifi/Visa, prior roles, $60M raised, SF/Lehi offices, family restaurant background

Sources

  1. Crunchbase, "Cory Capoccia," https://www.crunchbase.com/person/cory-capoccia; The Org, "Cory Capoccia — Womply," Crunchbase, "Cory Capoccia," The Org, "Cory Capoccia — Womply," (original: https://theorg.com/org/womply/org-chart/cory-capoccia). ↩
  2. YPO, "Cory Capoccia," YPO, "Cory Capoccia," education, Verifi/Visa, prior roles, $60M raised, SF/Lehi offices, family restaurant background (original: https://www.ypo.org/profile/cory-capoccia/) (education, Verifi/Visa, prior roles, $60M raised, SF/Lehi offices, family restaurant background). ↩
  3. Delaware formation of OTO Analytics, Inc., February 22, 2011; California SOS record C3363590 (registered March 7, 2011; agent Toby Scammell), OpenCorporates, OTO Analytics, Inc. (California branch registration C3363590) (original: https://opencorporates.com/companies/us_ca/C3363590). Declaration of Toby Scammell ¶¶ 1–2 ("I am the Chief Executive Officer and founder"; "I founded Womply in 2011"), same filing, Doc. 46-1 at APPX 077–078. Verifi tenure 2006–2012: Crunchbase, "Verifi, Inc. — People," https://www.crunchbase.com/organization/verifi/people. None of the directory profiles that call Capoccia a co-founder gives a Womply start date. ↩
  4. AngelList, "Womply" (Internet Archive, Feb. 25, 2013: team list, "Cory Capoccia, VP, Business Development") — original: https://web.archive.org/web/20130225164810/https://angel.co/womply. ↩
  5. Womply, "Net Element and Womply Partner to Offer Merchants an Analytical Toolbox," PR Newswire, May 7, 2014, Womply, "Net Element and Womply Partner to Offer Merchants an Analytical Toolbox," PR Newswire, May 7, 2014 (original: https://www.prnewswire.com/news-releases/net-element-and-womply-partner-to-offer-merchants-an-analytical-toolbox-258278871.html) ("Cory Capoccia, VP of Business Development at Womply"). ↩
  6. MainStream Merchant Services, "MainStream Merchant Services and Womply Partner…," Business Wire, Aug. 26, 2014, MainStream Merchant Services, "MainStream Merchant Services and Womply Partner…," Business Wire, Aug. 26, 2014 (original: https://www.businesswire.com/news/home/20140826005271/en/MainStream-Merchant-Services-Womply-Partner-Offer-Merchants); archived Aug. 28, 2014, MainStream Merchant Services and Womply Partner to Offer Merchants Industry-Leading Analytics, Benchmarking and Competitive Intelligence Solution (original: https://web.archive.org/web/20140828194331/http://www.businesswire.com:80/news/home/20140826005271/en/MainStream-Merchant-Services-Womply-Partner-Offer-Merchants) ("Cory Capoccia, President at Womply"). Womply, "Womply Wins 2015 Technology Innovation of the Year Award…," PR Newswire, April 6, 2015, Womply, "Womply Wins 2015 Technology Innovation of the Year Award…," PR Newswire, April 6, 2015 (original: https://www.prnewswire.com/news-releases/womply-wins-2015-technology-innovation-of-the-year-award-at-the-electronic-transaction-associations-transact-15-conference-in-san-francisco-300061043.html) ("Cory Capoccia, Womply's President"). ↩
  7. Crunchbase, "Womply" (Founders: Cory Capoccia, Jeremy Richardson, Toby Scammell), Womply - Crunchbase Company Profile & Funding (original: https://www.crunchbase.com/organization/womply); YPO, "Cory Capoccia" ("co-founded Womply in 2011"); The Org, "Cory Capoccia — Womply"; Leaders in Payments Podcast, Episode 7 (March 3, 2020); OnDeck, "Letter to Congress" (March 24, 2020), signature block; Declaration of Cory Capoccia ¶ 1, Oto Analytics, Inc. v. Capital Plus Financial, LLC, No. 3:21-cv-2636-B (N.D. Tex.), Doc. 46-1 at APPX 196–197 (Feb. 14, 2022), https://pandemicdarlings.com/court-filings/oto-analytics-v-capital-plus/2022-02-14-declarations-bloom-scammell-capoccia/. ↩
  8. U.S. House Select Subcommittee on the Coronavirus Crisis, "We Are Not the Fraud Police": How Fintechs Facilitated Fraud in the Paycheck Protection Program (Dec. 1, 2022), Section III.C, cited by note number — ¶ 393 (leadership), ¶ 429 (DreamSpring, Apr. 13, 2021), ¶ 440 (Benworth CEO, May 7, 2021), ¶ 474 (Fountainhead COO on OIG requests), ¶¶ 508–510 (Womply's loans), ¶ 521 (2020 ownership: Scammell 18%, Capoccia 5%), ¶¶ 523–526 (personal loans, forgiveness, invitation declined); press release — original: U.S. House Select Subcommittee on the Coronavirus Crisis, "How Fintechs Facilitated Fraud in the Paycheck Protection... (original: coronavirus-democrats-oversight.house.gov · stored capture). The House report is a partisan staff document released by the Democratic majority's staff in the final weeks of the 117th Congress, with no public hearing and no sworn testimony; an arbitrator refused it as "rank hearsay" that relied on companies then in arbitration with Womply, and a federal judge declined to take judicial notice of its findings (about the report). ↩
  9. Visa, "Visa Completes Acquisition of Verifi" (2019); Crunchbase, "Verifi, Inc. — People" (Capoccia, Vice President, 2006–2012), https://www.crunchbase.com/organization/verifi/people; HuffPost contributor bio ("co-founded Verifi in 2006"), HuffPost contributor bio ("co-founded Verifi in 2006") (original: https://www.huffpost.com/author/cory-capoccia). ↩
  10. OnDeck, "Letter to Congress" (March 24, 2020), OnDeck letter to Congress Mar. 24, 2020 (original: https://www.ondeck.com/press-releases/congress-letter OnDeck letter to Congress Mar. 24, 2020 (stored capture)); Womply hosting, Womply, "Letter to Congress" (March 24, 2020), womply.com press page (Internet Archive copy of Sept. 28, 2020) (original: womply.com). ↩
  11. House Select Subcommittee on the Coronavirus Crisis, "We Are Not the Fraud Police" (Dec. 1, 2022), ¶¶ 397–408 (3.7 million applications submitted through Womply in 2021; about 1.3 million funded); loan-level attribution across seven identifiable lenders: ~1.41 million loans. Partner-lender totals are not single-fintech totals. ↩
  12. Catherine Quagliana Parker, "Womply's PPP Fast Lane Helps Self-Employed Apply for COVID-19 Loans," YPO (Mar. 4, 2021) — original: https://www.ypo.org/2021/03/womplys-ppp-fast-lane-helps-self-employed-apply-for-covid-19-loans/. ↩
  13. FTC, "FTC Actions Against Companies Making Deceptive Pandemic Loan Promises…" (March 2024), FTC Actions on Deceptive Pandemic Loan Promises: $59 Million (original: FTC, "FTC Actions Against Companies Making Deceptive Pandemic Loan Promises…" March 2024 (original: ftc.gov · stored capture)). ↩
  14. Search of DOJ public PPP-fraud press releases and dockets, June 15, 2026: no criminal or False Claims Act case names Womply, Oto Analytics, Scammell or Capoccia. ↩
  15. LinkedIn, Cory Capoccia (self-reported experience and current board/advisor roles): Cory Capoccia - LinkedIn (original: linkedin.com) ↩
  16. Profile: Solo Global, Inc. (formed Jan. 31, 2022; solo.co offline as of June 2026). ↩
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