Summary description
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‘Infrastructure-as-a-service’ company
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Providing embedded payments solutions
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Many non-financial institutions (retailers, etc.) find traditional payments systems costly, complex and bureaucratic
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Enabling non-payments specialists to launch payments in a highly automated and self-serve manner
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Offering a distinctive capability for non-financial players to offer payments solutions in-house to their clientele
Opportunity investment thesis
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Growing trend of digital providers to want to provide to digitally aware customers a vertically integrated financial services solution to meet consumer expectations for seamless user journey
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Current payments infrastructure requires ever increasing security and compliance responsibilities
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Weavr enables businesses, that don’t have the skills or capital, to build a flexible sophisticated payment solution in-house
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Weavr thus reduces cost, complexity and time to market to embed self-service payment solutions in a digital environment