Weavr

Weavr provides headless infrastructure for embedding accounts, cards and payments into digital products. According to the published model, accounts and Mastercard cards are issued by Paynetics AD in the EU and Paynetics UK in the United Kingdom, while the company acts as an agent or distributor.

Entities and roles

The group entities are Weavr Ltd, an England and Wales company, and a European company. Paynetics AD is the EU e-money account and Mastercard issuer. The firm is therefore a technology platform and an EMI agent and distributor, and it should not be treated as a bank or as the issuer of the cards.

Services

The listed services are embedded finance, payment accounts, card programmes and an API. The published target segments are fintech companies, businesses and enterprises, and software platforms. A developer section is published on the company's website.

Protection of funds

The provider states that the relevant Paynetics e-money is not covered by bank deposit insurance. Safeguarding applies under the relevant Paynetics EMI issuer and its terms, and it is not a standalone bank guarantee. Issuer and jurisdiction-specific terms apply.

What to confirm

Fees, limits and supported countries are not given in the published description. A company should ask which Paynetics entity will issue its programme and what the onboarding timeline is.