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Weavr teams up with Visa to enhance embedded payments in the expanding global employee benefits sector

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Weavr integrates B4B Payments, boosting European payment flexibility

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Jon Burrell portrait. He joins Weavr as Deputy CEO.

Former Banking and Fintech Leader, Jon Burrell, Joins Weavr as Deputy CEO 

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Weavr Secures E-money Licence to Transform Embedded Finance for B2B SaaS Across Europe

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Weavr announces new data insights dashboards in embedded finance portal (illustration: a software user browses Weavr embedder finance insights dashboard on their laptop)

Announcing new Data Insights for embedded finance operators

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Weavr appoints former Visa Exec, Mark Pettit, as its new CPO

Former Visa Exec, Mark Pettit, joins as new CPO

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Pride Month with Weavr

Pride: our journey through education, celebration, and bingo

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Weavr x Comma acquisition_ accelerating innovation together -

Weavr x Comma acquisition: accelerating innovation together

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Weavr International Women's Day 2023

Weavr embraces equity this International Women’s Day

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Product updates from Weavr

Weavr product updates Dec 2022

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Product updates from Weavr

Weavr product updates September 2022

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Moth to the flame of innovation – why I traded the golf course for startup finance

Moth to the flame of innovation – trading golf for startup finance

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Webinar: Protection for airline collapse

Top travel experts outline how travel SaaS companies can pair issuing with acquiring to prevent the next Thomas Cook.

Watch now

Paystratus Group Ltd 2019-2025. All rights reserved.
Weavr is the trading name under which Weavr Ltd (company registered in England and Wales with registration number 13433581) and Weavr (Europe) Ltd, (company incorporated and registered in Malta with company number C98895 whose registered office is at Ardent Business Centre, Triq l-Oratorju, Naxxar NXR 2504 Malta) provide services to legal entities in the UK (Weavr Ltd) and in the EU (Weavr (Europe) Ltd). Weavr Ltd and Weavr (Europe) Ltd are wholly owned subsidiaries of Paystratus Group Limited, a company registered in England and Wales with registration number 11677111 and registered office at 128 City Road, London EC1V 2NX United Kingdom.

For programmes operating in the European Union, the Payment account and Mastercard cards are issued by Paynetics AD with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695. Paynetics AD is an electronic money institution authorised and regulated by the Bulgarian National Bank for the issuance of e-money and provision of payment services in the EU. Weavr (Europe) Ltd is acting on behalf of Paynetics AD, as a registered agent on the territory of the EU member states, and is entered into the public register of e-money institutions’ agents kept by the Bulgarian National Bank.

For programmes operating in the United Kingdom, the Payment Account and Mastercard cards are issued by Paynetics UK, Company number 1248133. Paynetics UK is a wholly owned subsidiary of Paynetics AD with its registered address at 1st Floor, 18 Devonshire Row, London, England, EC2M 4RH. Paynetics UK is an electronic money institution authorised and regulated by the Financial Conduct Authority (firm reference number 942777) for the issuance of e-money and provision of payment services in the UK. Weavr Ltd is a distributor of Paynetics UK on the territory of the UK.

To ensure your funds are safe, Paynetics AD and Paynetics UK follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics AD, respectively Paynetics UK, keeps your money separate from its own (firm) money and places it in a safeguarding account with a Bank.

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 in the EU (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts and funds. For further details on the safeguarding, visit https://www.paynetics.digital/safeguarding-of-clients-funds/

Weavr Ltd is registered in the UK as an agent of Yapily Connect Limited (Company No: 11598433), which is authorised and regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017 as an Authorised Payment Institution (Firm Reference Number: 827001), registered office: 86–90 Paul Street, London, EC2A 4NE.

Paystratus Group Limited provides software and support services to Weavr Ltd and Weavr (Europe) Ltd.
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