Employee Finance Plug-in

Power employee payments for work or well-being

The Employee Finance Plug-in brings together everything you need to support employee-directed financial transactions within your B2B SaaS application. From rewards, benefits and virtual accounts to transactions under your brand.

How you can use this plug-in

Enable businesses on your platform to onboard their team members, configure financial controls and manage employee payments

Use case
We help expense-management apps axe painful bureaucracy
Add new features so your users can...
Reimburse approved expenses faster
Notify employees instantly when their claims have been paid out
Convert more categories of pre-approved spend from expenses to company cards
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Use case
We power benefits programmes 
with convenient self-service
Add new features so your users can...
Discover, claim, and receive rewards and benefits within a self-service one-stop-shop
Give and receive rewards in the form of cash or allocated amounts to spend on certain things
Work with rewards and allowances budgets to delegate control beyond traditional finance management
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Use case
We transform HR management portals 
into finance-enabled ecosystems
Add new features so your users can...
Shift key financial approvals and spend processes into the HR and admin management domains
Move or reimburse funds between finance centres or interconnected budgets
Add internal billing or external payments into automation flows such as those used for setting up new employees
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Use case
We enable staff rewards platforms to engage global teams with a convenient digital experience
Add new features so your users can...
Choose benefits and rewards that work best with local currencies and working locations
Manage allowances and track usage by teams, locations, and more
Learn from data how rewards and other payouts are actually used
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Use case
We empower support and IT users to process purchases with full autonomy
Add new features so your users can...
Use pre-allocated and shared budgets for equipment purchases
Authorise bank transfers for invoice payments or create one-off debit cards for external checkouts
Easily create reports for budget tracking and spend reconciliation
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Perfect for these business types

The most innovative digital workforce platforms

Travel and entertainment spend control
Employee allowance systems
Employee discount schemes
HR management portals
Employee rewards and benefits
Global recruiting
Benefits and insurance payouts
Remote teamwork
Equipment purchase and asset management
Get to know the benefits

Payment cards for employees

Allow businesses in your platform to create payment cards that empower their employees to spend safely, embedded within a branded digital experience

Payment cards for employees
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Instant digital accounts

Generate and connect accounts instantly, which can be used to hold segregated balances and budgets, fund payment cards, and transact programmatically

Instant digital accounts
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Safe, configurable rules

Start with proven financial roles and rules out of the box and tailor details of currencies, spending limits, categories, and account relationships to suit your business

Safe, configurable rules weavr
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End-to-end UX inside your platform

Create custom designs for virtual and plastic payment cards. All aspects of financial UX are yours to design so users associate their new fintech powers with your brand

End-to-end UX inside your platform
Get to know the benefits

Offer features your competition can’t

Attract new business signups and expand your loyal user base thanks to highly “sticky” finance features embedded within your app

Offer features your competition can’t

We’ve packaged everything you need so you can prototype and go live 10x faster

Components
  • Payment cards for employees
  • Safe, configurable rules
  • Seamless brand experience
  • Instant digital credit accounts
  • Financial insights
  • Onboarding and offboarding
  • Compliance and anti-fraud
  • Data security
  • Developer experience
  • Need something different?
Add physical cards to your software

Payment cards for employees

Allow businesses in your platform to create payment cards that empower their employees to spend safely, embedded with a branded digital experience.

Safe, configurable rules

Start with proven financial roles and rules out of the box and tailor details of currencies, spending limits, categories, and account relationships to suit your business.

Add virtual cards to your software

Seamless brand experience

Create custom designs for virtual and plastic payment cards. All aspects of financial UX are yours to plan, so users associate their new fintech powers with your brand.

Instant digital credit accounts

Generate and connect credit accounts instantly, hold segregated balances and budgets, fund payment cards, and transact programmatically.

Financial insights

Gain valuable insights via visibility of aggregated transactions, balances, flows, and other data via flexible built-in analytics and reporting capabilities.

Onboarding and offboarding

Compliant financial processes for know-your-customer (KYC) and know-your-business (KYB) when registering new users. Easy to manage offboarding if users leave.

Compliance and anti-fraud

Robust regtech infrastructure, including built-in anti-fraud monitoring, safe financial presets appropriate to your business model, and continuous compliance updates.

Data security

All aspects of sensitive customer information across onboarding, authentication, and transaction processing are handled securely through the embedded Weavr system.

Developer experience

Weavr’s open, fully documented platform makes it easy for your developers to implement new fintech features and iterate faster.

Need something different?

No problem. We can collaborate with your product team and developers to address use cases which are not currently within the scope of out-of-the-box Plug-ins. We look forward to hearing your innovative ideas for embedded finance and we’re sure that we can help you get to your first live transactions 10x faster than assemble-it-yourself alternatives.

Ready to take the
next step
?

Start building in our sandbox

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Read the latest on embedded finance

Learn more

Get to know what embedded finance can do for you

View our solutions

Meet the innovators bringing embedded finance to life

"Weavr’s time-to-market cannot be beaten. For a young company that needs to get a product out quickly, there is no better solution."
Sebastian Fallert
CEO
"We were looking for a long-term partner. Besides issuing cards, we loved Weavr’s outlook of what we can do regarding the product in the future."
Csaba Krümmer
Co-Founder and Co-CEO
"With Weavr, we got to market much quicker than anticipated. Weavr gave us a cost-effective solution to bring MONET to life in a safe and regulatory-compliant manner."
Jake Cassons
Founder and CEO

FAQs

  • How fast can I get set up with embedded finance?
    With Weavr, you can get from prototyping to live transactions in your app within five weeks. Because we’ve already taken care of putting together all the parts you need to integrate powerful financial features into your application, development time only depends on configuration, testing, and integration with your application stack. This allows our customers to get new applications into production in weeks, compared to the months or even years that it takes for businesses working with banks and piecing together compliance, anti-fraud, and other required elements by themselves.
  • Do I need experience with fintech?
    No prior banking or payments technology experience is needed in your team. Weavr’s mission is to make adding financial features to your applications as easy as plug-and-play. So we’ve done the heavy lifting on both the technology and regulatory complexities of building and running embedded finance, allowing you to focus on the innovative use cases you’re going to bring to market. The sky’s the limit!
  • What are the costs involved?
    Weavr is free to your developers to experiment with: start here. . Once you are ready to work on your live business applications, you’ll see our pricing is as simple as everything else you get from Weavr. We include as much as possible under single flat monthly fees that match your business stage, and allow you to calculate variable costs (e.g. per transaction fees) in a transparent manner. Please see our pricing overview here.
  • How does regulatory compliance work?
    We don’t require your business to get its own licence as a regulated financial institution. Weavr plug-ins deliver you an immediately usable package of features which include built-in compliance. One important aspect of this is that your business does not need to handle sensitive financial data such as credit card numbers: our technology segregates this data securely while ensuring you can still customise the design and content of the user experience of financial workflows within your applications.
  • Can I add new features to the scope later?
    We are adding new features constantly, such as new payment methods, supported currencies and countries, authentication options, and fine-grained configuration controls. Core features are available to you under your licencing as fast as you are ready to integrate them into your application’s workflows. Certain other features not core to Plug-ins are available as add-ons to your subscription. If your business requires features that you can’t see in our plug-in, talk to us about our roadmap and support for custom embedded finance integrations.
  • Can I track usage of financial features?
    Your business will have access to a full range of data around user workflow steps and statuses, API usage, financial actions via webhooks, aggregated analytics, and flexible reporting options. We make this easy to track and report on via a built-in visual BI dashboard. We aim to give your product teams everything they need to know to gain insights into financial feature usage and customer success.
  • How can I test out Weavr’s technology?
    Developers can jump straight into our API documentation and free sandbox access. To discuss business requirements and your embedded finance innovation ideas, we’d love to talk.
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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