8 Dec 2022

Ben: building a benefits platform, powered by embedded finance

How can businesses be better equipped to support talent acquisition and retention?  For Ben, the answer was to build an incredibly flexible, all-in-one, employee benefits platform […]

30 Nov 2022

MONET: financial superpowers to smoothen creator cash flow

“With the help of our partners at Weavr, we’ve been able to get to market with verticalised banking much quicker than we initially anticipated. Weavr has […]

14 Oct 2022

6 revolutionary ways embedded finance will help the world of work

From purchasing supplies to paying out salaries, finance is a huge part of the digital workplace. Historically it’s been a domain steeped in paperwork, invoices and […]

8 Sep 2022

5 key ways embedded finance revolutionises supplier payments

Paying suppliers is an essential part of keeping any business running. But the tools back-office teams have to manage those payments are often plagued by needless […]

1 Sep 2022

What do creators need? 3 challenges embedded finance can help the industry tackle

From the outside, being a creator or a freelancer can look like a dream. Choosing your own hours and projects, being your own boss, and ultimately […]

Troc Circle embedded finance case study
1 Aug 2022

Troc Circle: making money move faster in B2B marketplaces with embedded finance

“At Troc Circle, we aim to help businesses unlock capital stuck in inefficient payment supply chains. Now, with Weavr on board as our strategic partner, we’re […]

23 Jun 2022

How embedded finance empowers SMEs to innovate

It’s hard to understate the impact Uber has had on transportation. When it arrived on the scene it simply blew the competition away with a handy […]

Guide

What is embedded finance?
Everything you need to know to supercharge your business.
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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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