Assessment
Weavr is used by B2B software platforms in HR, expense management, accounting, travel, and procurement that want to add business accounts and cards to their product. Its best use cases are employee benefits cards, expense cards, accounts payable, and paying for software subscriptions, with the cards and e-money accounts issued by Paynetics in the UK and EU. Pricing combines platform and usage fees by quote, and its main competitors are Modulr, Swan, and Treezor.
Alex Mifsud founded Weavr in London in 2019 after earlier founding Entropay, an early virtual card business, and Ixaris, which built payment tools for travel firms. Weavr raised a $40M Series A led by Tiger Global in February 2022, taking its total to $55M. It builds each customer’s financial setup with its own scripting language, FinML.
It fits a UK or EU software platform that wants to offer cards and accounts without a license of its own. It is a weaker fit for a US platform, since its programs run through UK and EU issuers, and for a company that wants posted prices.
Rating by criterion
We score each of the eight criteria out of 100.
Sector criteria
Use it to give your users business accounts. Weavr’s e-money accounts and cards are issued by Paynetics in the UK and EU.
Launch cards inside your app. Weavr’s plug-ins cover expense, benefits, and payables use cases.
Keep bookkeeping in your own product. Weavr targets accounting and expense software, so ledger and reporting features are yours to build.
Build through its API. Weavr publishes an API reference, documentation, and a changelog for developers.
Vendor criteria
Use its compliance service. Weavr handles regulatory tasks and sensitive financial data, so you do not need a financial license of your own.
Start with a demo. It offers a free demo and pre-built plug-ins to cut build time.
Ask for the platform and usage fees. It prices by growth stage and does not publish rates.
Revisit terms as you grow. Weavr says pricing follows your growth stage, so review rates as your volumes rise.
Against its peers
These are the other companies in business banking and treasury, with their ratings.
User comments
We read Weavr’s product pages and a March 2026 interview with its chief executive to see what buyers value, and set them against the main limit a buyer meets.
- Upside
- Downside
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation.
Based on: Weavr, why Weavr; FinTech Profile, March 2026.
Fact file
| Legal entities | Weavr Ltd and Weavr (Europe) Ltd |
|---|---|
| Group | Paystratus Group |
| Chief executive | Alex Mifsud, co-founder |
| Card issuer | Paynetics UK and Paynetics AD |
| Total raised | About $55M |
| Founded | 2019, London |
Competitive landscape
Embedded finance providers a software platform would compare with Weavr.
Weavr: 73
- Weavr73
- Juni78
- Modulr77
- Pliant75
- Enfuce74
- Wallester73
- Paynetics71
- SwanNot reviewed
- TreezorNot reviewed
Comparisons
Key leadership
Alex Mifsud co-founded Weavr and is its chief executive. He earlier founded Entropay, which launched some of the first general-use virtual cards, and Ixaris.
How this review was created
This profile gives our own assessment of Weavr to companies selecting a Business banking & treasury provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Weavr gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, public reviews and filings. Fact-checking took place on November 4, 2026.
Source pages
- Weavr home page: https://www.weavr.io/ (As of November 4, 2026)
- Weavr, why Weavr: https://www.weavr.io/why-weavr (As of November 4, 2026)
- Weavr, Series A announcement: https://www.weavr.io/blog/weavr-closes-40m-series-a-funding-to-accelerate-expansion-of-plug-and-play-finance/ (As of November 4, 2026)
- FinTech Profile, Alex Mifsud: https://www.fintechprofile.com/alex-mifsud-co-founder-and-ceo-weavr/ (As of November 4, 2026)