London based technology business Weavr has announced it will expand into Singapore.
In Brief:
Weavr offers embedded finance solutions that businesses can “plug and play”.
This follows its $40mn Series A round led by Tiger Global.
The official launch of Weavr in Singapore is the first step of expansion into the APAC region.
What does this mean?
The news was announced at the Web Summit in Lisbon this week, and CEO Alex Mifsud said: “Further to our European expansion, we will now enable businesses in Singapore and the region to seamlessly and efficiently integrate financial services wherever their customers need them.” It will use some of its fresh funding to find new clients in the region, on top of the 1000+ it already has.
