What is Weavr?
Weavr operates as a leading open platform for embedded finance, designed to empower businesses to seamlessly integrate financial services into their customer experiences. Founded in 2019, the company's mission is to democratize access to financial services, enabling any business to embed the necessary financial capabilities wherever their customers interact with them. Weavr has garnered recognition within the fintech industry, including accolades such as BusinessCloud's '50 Most Innovative UK Financial Technology Firms' in October 2021, highlighting its innovative approach and market impact.
How much funding has Weavr raised?
Weavr has raised a total of $44M across 2 funding rounds:
Angel/Seed
$4M
Series A
$40M
Angel/Seed (2020): $4M with participation from Seedcamp, QED Investors, and Anthemis
Series A (2022): $40M led by Tiger Global Management
Key Investors in Weavr
Seedcamp
Seedcamp is a venture capital firm that supports early-stage startups by providing investment, mentorship, and access to a global network. The firm focuses on ambitious founders and innovative companies across various sectors, helping them grow from initial concepts to successful businesses.
QED Investors
QED Investors is a global leading boutique venture capital firm based in Alexandria, VA. Founded by Nigel Morris and Frank Rotman in 2007, QED Investors is focused on investing in early stage, disruptive financial services companies in the U.S., U.K., Latin America and Southeast Asia.
Anthemis
Founded in 2010 and headquartered in London, UK, Anthemis cultivates change in financial services by investing in, growing, and sustaining businesses.
What's next for Weavr?
With its latest major strategic investment, Weavr is poised for accelerated expansion and further development of its embedded finance platform. The substantial capital injection is expected to fuel initiatives aimed at broadening its service offerings, enhancing its technological infrastructure, and expanding its market reach. This funding round signals a critical phase of scaling for Weavr, likely focusing on solidifying its position as a leader in the rapidly evolving digital economy and enabling more businesses to embed financial services seamlessly.
See full Weavr company page
