Weavr, a London-headquartered technology provider that enables businesses with Plug-and-Play financial solutions, today announced the close of a $40 million Series A funding.
The round led by Tiger Global, with participation from Mubadala Capital, LocalGlobe’s growth stage Latitude fund, and previous Weavr backers QED Investors, Anthemis and Seedcamp
The financing will support Weavr’s international expansion plans, beginning with an official U.S. market launch.
Company: Weavr Inc.
Raised: $40.0M
Round: Series A
Funding Month: February 2022
Lead Investors: Tiger Global
Additional Investors: Mubadala Capital, Latitude fund, QED Investors, Anthemis, and Seedcamp
Company Website: https://www.weavr.ai/
Software Category: Active Learning Platform
About the Company: Weavr is the leading open platform for embedded finance for the digital economy, a global peer-to-peer Active Learning Platform empowering teams and individuals to get real-time advice and mentorship from top operating leaders. Founded in 2019, Weavr’s mission is to enable any business to integrate any financial service anywhere its customers need it. Weavr has been recognized with various fintech industry awards and rankings, including BusinessCloud's ‘50 Most Innovative UK Financial Technology Firms’ in October 2021. Weavr is headquartered in London.
Source: https://www.businesswire.com/news/home/20220222005463/en/Weavr-Closes-40M-Series-A-Funding-to-Accelerate-Expansion-of-Plug-and-Play-Finance