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Weavr
Plug-and-play finance solutions
- 21-100 employees
- Fintech
- B2B
- Banking
- Payments
- Financial Services
- SaaS
- Old Street, London, UK
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Company mission
To enable any business to integrate any financial service anywhere their customers need it.
Our take
Embedded finance companies like Weavr develop off-the-shelf financial products that non-financial organisations can then build into their own services. It’s proven an astoundingly popular development in the fintech space, and for good reason: non-fintechs don’t have to build financial tools from scratch, so can grow faster, more efficiently, and more cost-effectively.
Weavr offers a broad base of embedded finance services, including bank transfers and card issuing, and also handles compliance and regulatory issues on the behalf of customers. Notably, Weavr has been quick to adapt to the rapidly shifting payments field, also offering a crypto point of sales service - and looking to develop into emerging areas like the creator economy.
This is likely to prove a savvy move. Embedded finance as a whole is playing particularly well with retail/ecommerce companies and the healthcare sector, and these are both areas in which Weavr has a strong presence. But there’s plenty of customers in this market from broader, miscellaneous fields, like crypto and like the entertainment industry. Weavr’s approach, to have a plug in for every business, will help it scoop up revenue as embedded finance begins to see broader adoption across these more diverse sectors.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Private Health Care: We care for our employees' wellbeing and want them to all have easy access to health professionals whenever needed. All of our employees benefit from a health care cover
- Work-life Balance: We believe that trust and flexibility go hand in hand. Employees have the freedom to balance work and life and therefore, choose the working hours that best suit their personal life
Funding (last 2 of 4 rounds)
Feb 2022
$40m
SERIES A
Jul 2021
$8.9m
SEED
Total funding: $53.6m
This company has top investors
Leadership
Alex Mifsud
(CEO)Previously co-founded consumer virtual prepaid card company Entropay, and served there as CEO for 15 years. Then founded and directed the London Blockchain Foundation.
Adrian Mizzi
(CTO)Served as Director and then CIO/CTO of Ixaris Systems, alongside completing a PhD on macroprogramming at the University of Malta.