26 Oct 2022

Top podcasts for startups, founders, and you

Isn’t it always great to get some inspiration and fresh perspectives? Straight from Weavr’s “little blue book” – we’ve curated a mix of entertaining and educational […]

25 Oct 2022

10 questions to ask BaaS suppliers

Q1. How much do I need to worry about risk and compliance? With all the elements that BaaS leaves for innovators to sort out themselves, it’s little surprise that so businesses feel like embedded finance is still out of reach for them.

Embedded finance: bringing value into focus
11 Oct 2022

Embedded finance: Bringing value into focus

We are announcing the launch of our latest whitepaper, entitled ‘Embedded finance: Bringing value into focus.’ The paper, which has been created in collaboration with leading […]

26 Jul 2022

Regulatory compliance: What you need to know

If you’re a digital innovator thinking of offering any kind of financial services within your platform, you’ll be aware of the need for regulatory compliance when […]

4 Aug 2021

Demystifying embedded finance

The world of finance is rapidly changing. Customers are now able to have a finance relationship with the company they’re getting goods or services from, instead […]

30 Jun 2021

A developer’s guide: how to embed finance functionality in your app

Whether you’re a legacy company adapting to stay ahead or you’re a startup creating your own inroad, embedded finance can set your business up to capitalise […]

Guide

What is embedded finance?
Everything you need to know to supercharge your business.
Download guide
Paystratus Group Ltd 2019-2023, All rights reserved.
Weavr is the trading name for Paystratus Group Limited, a company registered in England and Wales with registration number 11677111 and registered office at 128 City Road, London EC1V 2NX United Kingdom.

The Payment account and Mastercard cards are issued by Paynetics AD (via Paystratus Group Ltd, a Technical Provider of Paynetics AD) with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695 and VAT BG131574695, pursuant to license by Mastercard International Incorporated and Bulgarian National Bank.

To ensure your funds are safe Paynetics follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics keeps your money separate from its own money and place it in a safeguarding account with a Bank.

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts.

In the event of Paynetics going out of business, an insolvency practitioner would be appointed to return the funds Paynetics has safeguarded to the customers. This means you would get most of your funds back, except for the costs deducted by the insolvency practitioner for returning the funds to the customers
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