Company: Weavr
Founder: Alex Mifsud, Adrian Mizzi
Website: https://weavr.io
About Weavr
Following years of sustained growth, product development, and groundbreaking partnerships, London-based embedded finance company, Weavr, has emerged as one of the most disruptive and innovative businesses operating in fintech today, recently becoming one of the first providers to be awarded a European E-Money Licence (EMI).
Their solutions-based approach to solving key challenges in use cases is unique in the European embedded finance sphere, in particular within the employee benefits industry. Within this sector, clients are onboarded and activated in weeks rather than months and at a fraction of the cost of Banking as a Service, which can cost into the millions. The company’s platform offers everything businesses need to deploy financial services while shouldering the significant burden of compliance, regulation, and data security.
The all-in-one embedded finance solution includes everything that platform builders need to power employer-to-employee payments, easily onboard teams, configure financial controls, and manage employee payments and expenses. Recent data secured by Weavr suggests that HR and benefits managers are looking to implement embedded finance within their current offering, as 58% want to be able to better configure and control their benefits offerings and 60% of benefits managers would value spendable benefits cards as a key feature.
Outside of employee benefits, Weavr also supports expense management, accounts payable, and SaaS companies to embed finance within their existing offering.
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