Weavr is a technology company.
Weavr has raised $54.6M across 4 funding rounds.
Weavr has raised $54.6M in total across 4 funding rounds.
Weavr has raised $54.6M in total across 4 funding rounds.
Weavr's investors include AAF Management Ltd., A'Z Angels, HOF Capital, JIMCO, Prosus Ventures, Tiger Global Management, Alven, Anthemis Group, Prime Ventures, KittyHawk Ventures, MMC Ventures.
Weavr is a London-based fintech company providing an open platform for embedded finance, enabling digital businesses to seamlessly integrate financial services like payments, cards, and banking into their software.[1][2][5] Founded in 2019, it targets B2B SaaS providers serving use cases such as employee benefits, expenses management, and accounts payable, solving the problem of UX friction by allowing users to handle financial tasks without leaving the host application.[1][2][6] Backed by prominent investors including Tiger Global, QED Investors, Anthemis, Mubadala, Latitude, Headline, Seedcamp, Force Over Mass Capital, and UFP Fintech, Weavr has demonstrated growth with 70-100+ employees and recognition like BusinessCloud's '50 Most Innovative UK Financial Technology Firms' in 2021.[1][3]
The platform offers plug-and-play finance solutions that are fully headless, pre-compliant, and scalable, helping clients like Finway double revenue from users adopting embedded features and corplife launch tax-free meal allowances for major clients including Microsoft and Siemens.[1][5]
Weavr was founded in 2019 (with some sources noting 2018) in London by a leadership team with deep expertise from senior roles in the payments industry.[1][3][4][5] Headquartered at 160 City Road, the company emerged to address the need for non-specialists to build, test, and integrate payment flows without heavy development, connecting them to suitable providers.[1][4] Early traction came from its mission to intertwine finance and digital services at the point of need, leading to rapid investor interest from top-tier VCs and partnerships that accelerated growth to over 100 employees.[1][3][5] Pivotal moments include industry awards in 2021 and collaborations like the corplife partnership for employee benefits, validating its embedded finance approach.[1]
Weavr rides the embedded finance trend, where financial services are woven into non-financial platforms, fueled by digital economy demands for seamless UX and new revenue streams.[1][2][6] Timing aligns with post-2020 fintech maturation, as businesses seek compliant, scalable solutions amid regulatory pressures and B2B SaaS growth in HR/finance tools.[5] Market forces like rising employee benefits platforms (e.g., corplife's 2,500+ clients) and investor enthusiasm from Tiger Global favor Weavr, positioning it to influence the ecosystem by empowering SaaS providers to compete via finance features.[1][5] It amplifies startup innovation by lowering barriers for non-fintech firms, much like competitors but with a focus on headless B2B delivery.[4]
Weavr is poised for expansion as embedded finance penetrates more SaaS verticals, potentially deepening partnerships with enterprise clients and launching advanced features like cross-border payments.[2][5] Trends such as AI-driven personalization and stricter compliance will shape its path, rewarding its pre-built controls and network. Its influence may evolve from niche enabler to ecosystem standard-setter, driving sustained growth in a digital-first economy—cementing its role as the go-to platform for frictionless finance integration.[1][6]
Weavr has raised $54.6M across 4 funding rounds. Most recently, it raised $40.0M Series A in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $40.0M Series A | AAF Management Ltd., A'Z Angels, HOF Capital, JIMCO, Prosus Ventures, Tiger Global Management | |
| Jul 1, 2021 | $10.0M Seed | Alven, Anthemis Group, Prime Ventures | |
| Nov 1, 2020 | $4.0M Seed | Alven, Anthemis Group, Prime Ventures | |
| Feb 1, 2020 | $640K Seed | AAF Management Ltd., Alven, Anthemis Group, A'Z Angels, HOF Capital, JIMCO, KittyHawk Ventures, MMC Ventures, Prime Ventures, Prosus Ventures, Tiger Global Management |