We’re excited to enable the region’s digital businesses with our radically simpler embedded finance solution.
Big Weavr news!
Team Weavr are in Singapore this week to announce what we have been working hard on behind the scenes: Weavr is expanding to Singapore.
As you hopefully know by now, we’re a London-headquartered technology provider that empowers businesses with plug-and-play embedded finance solutions. Our mission to make embedded financial services available to any digital business anywhere – we’re taking another step by setting up in Singapore.
The expansion is a key step in the plan we shared when announcing our Series A, led by American investment firm Tiger Global, back in February of this year. This week, we’ve just announced our official launch in Singapore at the Singapore Fintech Festival at the Singapore Expo, wherein Weavr is part of the United Kingdom (UK) Trade Mission pavilion led by the UK Department for International Trade. If you’re in Singapore for the festival, come and meet us at the UK DIT’s stand in hall 5!
The Tech Nation team caught up with Alex about the expansion to Singapore – to hear more, catch it here.
“We’re excited to enable digital businesses in Singapore, and in the region for which Singapore is such an effective hub, with the means to seamlessly integrate financial services wherever their customers need them. We see few better opportunities for deploying a significant portion of the US$40m of capital we raised earlier this year to bring the benefits of embedded finance to digital innovators and ultimately to their customers in the region.”Weavr Co-Founder and CEO, Alex Mifsud.
Embedded finance is growing at a fast pace and shows no signs of slowing down. According to a report by Bain & Co and Bain Capital, the embedded finance market is predicted to more than double to US$51 billion by 2026. The key driver is the removal of barriers for non-financial businesses to deliver financial products that not only enhance customer experiences but also offer immediate opportunities to amplify their revenue per user. Breaking down those barriers by providing a radically simpler way to embed finance is our mission and we are very much looking forward to meeting the Asian innovators who will bring it to life!
Want to know how Weavr’s embedded finance can supercharge your business – and now also in Singapore? Talk to an expert.
Here’s what others have to say about our expansion to Singapore: