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Weavr.io raises $4Million in venture capital

Weavr.io raises $4Million in venture capital

Weavr.io raises $4Million in venture capital

Weavr.io, a Maltese fintech company offering a platform that allows businesses to integrate financial services into their products, has successfully raised $4Million in venture capital.

 

The company was initially supported by the MITA YouStartIT Accelerator Programme and Malta Enterprise, through the Business Development and Continuity Scheme.

 

Alex Mifsud, co-founder and CEO of Weavr had the following to say about Malta Enterprise: “The support from Malta Enterprise made a huge difference to us, especially during the Covid19 crisis, to give us confidence to continue growing our team and developing the Weavr business to the point where we could secure $4M of venture capital from global fintech investors”

 

Further info:

 

https://www.finextra.com/newsarticle/37015/embedded-banking-startup-weavr-raises-4-million-in-seed-funding?fbclid=iwar2zvcahx7jrirpqsdsr-m3bj2purjkzil_uex1fvatsn0rrifskukaoyx8 

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