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← Embedded Finance Index 2026/Vendor

Weavr

Provider
BaaSCard Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 6 companies across 2 categories.

weavr.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesBaaS, Card Issuing
Rank#68 of 347 in BaaS
Buyers6 companies
HeadquartersLondon, United Kingdom
Founded2018
Raised$55M

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Founders & story · from Weavr’s own dossier

Weavr launched in 2018 as a 'Plug-and-Play Finance' alternative to traditional BaaS, targeting B2B SaaS platforms that want embedded accounts, cards, and payments without integrating directly with banks or EMIs. The model is intermediated: Weavr operates the Weavr.io platform on top of regulated Payment Services Providers (notably Paynetics AD in the EU, where Weavr Europe is a registered agent). Post-2022 Series A the company has leaned into vertical templates (expense management, employee benefits, AP, procurement, accounting platforms) and added an 'Embedded Finance Cloud' distribution layer for banks/EMIs themselves.

Latest round: Series A, February 2022 ($40M)
Recent developments
  • 2023-03-01Acquired Comma to combine embedded and open banking capabilities source ↗
  • 2022-11-01Opened Singapore office source ↗
  • 2023-07-01Launched embedded finance cloud solution for banks source ↗
  • 2024-07-27Extended its Visa partnership to access Visa Direct functionality for real-time card fund transfers. source ↗
Full dossier: Weavr’s own stack, layer by layer →
In the press
embeddedfinancereview.com ↗
Coverage of Weavr sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2025-04-13
Weavr partners with B4B Payments to enhance EU Embedded Banking offering
Weavr partners with B4B Payments for EU embedded banking with local IBANs via Banking Circle. How e-money licenses enable infrastructure control.
Source · Embedded Finance Review ↗
◇ article2023-06-08
Tim Hortons launches Credit Card | Weavr partners with Visa | The EF Education Gap
This edition covers also Engel & Voelkers, Mercedes-Benz, Enfuce, Banxware, Bond, Qenta, Stripe and more.
Source · Embedded Finance Review ↗
◇ article2023-06-07
Weavr partners with Visa to accelerate Embedded Finance adoption in B2B SaaS
UK-based embedded banking provider Weavr teams up with Visa to help B2B SaaS companies offer bank accounts and debit card services across the EU and UK.
Source · Embedded Finance Review ↗
Who uses Weavr
6 companies disclose Weavr in their stack
PlugBenifexCorplifeClub EmployésGigableNumarqe
Buyer mix · 6 of 6 classified
Vertical SaaS / HR & Employee Benefits · 2Horizontal SaaS / HR & Payroll · 1Horizontal SaaS / Spend Management · 1Marketplace / Gig economy · 1Vertical SaaS / Marketing Analytics · 1
EU · 4UK · 2
What the disclosures say
Plug
“IBS Intelligence article at ibsintelligence.com publicly lists Plug as a customer of Weavr in the context of Weavr's $40M Series A funding round ('weavr-closes-40m-series-a-funding-to-accelerate-expansion-of-plug-and-play-finance').”
Benifex
“Payment/card issuance for the Wallet module is handled via Weavr (see banking block).”
Corplife
“BusinessWire (April 2023): 'Vienna-based corplife... announced a new partnership with embedded-finance firm, Weavr...”
Club Employés
“Weavr case study (May 2024): Club Employés partnered with Weavr for 'own-branded employee debit cards with flexible spending controls' for 1M+ users.”
Gigable
“Weavr blog post (weavr.io/blog/building-the-super-app-for-the-gig-economy/) and IBS Intelligence listing (ibsintelligence.com) both explicitly name Gigable and Weavr partnership for instant payments and embedded business banking infrastructure for gig workers.”
Numarqe
“The legal page explicitly lists 'Weavr terms' and 'Paynetics terms', indicating these are the payment infrastructure providers.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Weavr? Claim this profile above to unlock your own full list.
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What Weavr runs on · from its own dossier
The third-party providers Weavr itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Weavr.
PSP
Paynetics AD
Sponsor Bank
Paynetics AD
BaaS
Weavr Platform
Card Issuing
Paynetics AD
Full dossier with evidence for each layer →
Alternatives to Weavr

Other BaaS providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust72 buyers →Sutton Bank64 buyers →Cross River57 buyers →Pathward47 buyers →ClearBank40 buyers →Thread Bank35 buyers →Modulr31 buyers →Backbase30 buyers →
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Ranked #68 of 347 in BaaS — Embedded Finance Index 2026
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Weavr — frequently asked

Which companies use Weavr?

6 companies disclose Weavr in their stack in the Embedded Finance Index 2026, including Plug, Benifex, Corplife, Club Employés, Gigable and Numarqe.

What does Weavr do?

Weavr is an embedded-finance provider in BaaS and Card Issuing. It ranks #68 of 347 BaaS providers by disclosed buyers.

What are the alternatives to Weavr?

The most-disclosed BaaS alternatives to Weavr are Evolve Bank & Trust (72 buyers), Sutton Bank (64 buyers), Cross River (57 buyers), Pathward (47 buyers), ClearBank (40 buyers) and Thread Bank (35 buyers).

Where is Weavr headquartered?

Weavr is founded in 2018 and headquartered in London, United Kingdom.

How much funding has Weavr raised?

Weavr has raised $55M in total.

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