Weavr, a UK FinTech that focuses on embedded finance, has raised $40mn funding.
In Brief:
The firm has just closed its Series A round led by Tiger Global.
It also included existing investors QED Investors, Anthemis and Seedcamp.
It’s the company’s third funding round in 18 months.
What does this mean?
The funding will be used to support Weavr’s expansion across the UK and Europe and into the US.