Fintech companies are experiencing growth and demand in the midst of growing financial uncertainty

Amid a reported downturn in the fintech sector, Plug-and-Play Finance provider London-based Weavr finds no decline in demand for its solutions and continues to predict rapid growth.

Less than six months after the $ 40 million Series A announcement, Weavr continues to move from strength to strength. The company’s lasting success further underscores the significant demand for easy-to-deploy embedded finance across a myriad of sectors.

Despite the economic uncertainty that plagues other areas of fintech, embedded finance is still a field in which companies and venture capitalists want to invest.

Weavr’s performance in recent months serves to highlight this trend. Since the beginning of 2022, the company has doubled the total number of employees, while at the same time achieving corresponding growth among the customer base. Due to this expansion, the Plug-and-Play Finance provider’s platform now processes more than four times the volume of transactions than it did at the beginning of the year.

The rapid growth of Weavr highlights the enormous value that digital companies attach to their innovative product offering. The company’s technology disrupts the banking-as-a-service sector by creating new and more efficient ways for digital businesses to offer financial services within their applications.

As a result, Weavr continues to make major inroads with innovative solution builders across industries such as health and wellness, education and real estate. The company now aims for further use for embedded finance, including B2B payments, the creative economy and employee benefits and expense management.

In particular, Weavr is scaling its operations team to support the growing number of digital businesses now distributing their solutions. In recent months, the company has shown its enormous ability to improve performance levels in some of the mentioned industries.

In addition to notable customer announcements and impressive company growth, Weavr continues to grow its business worldwide. In recent weeks, the company has officially launched its operations in Portugal, as part of the work to further establish the Weavr brand on the European mainland. This exciting development was started with a successful industry event held on June 23 in Lisbon.

Daniel Greiller, Chief Commercial Officer at Weavr, spoke about the company’s continued momentum in 2022: “Recent months have underscored the huge demand for our Plug-and-Play Finance solution. Our solution gives entrepreneurs new freedoms to create innovative products and products that companies and consumers want.

“Therefore, we plan to continue to push forward in the coming months. We currently have several exciting projects, announcements and product updates in the pipeline that our customers will love.”

Do you want to market the product / service to SMEs in your region?