Weavr, a UK-based embedded finance company, has partnered with Visa to provide embedded Visa cards for HR technology platforms.  

Through this alliance with Visa, an associate member, Weavr will enable SaaS businesses to incorporate Visa-supported financial tools into their systems, initially targeting employee benefits. 

Weavr CEO and co-founder Alex Mifsud said: “Our membership with Visa signifies a shift in the deployment of embedded finance: it’s not just about adding payments, but about enabling entire propositions and business models in sectors like HR tech.  

“By joining Visa, we can provide SaaS platforms with the confidence and capability to launch card-based employee benefits, supported by trusted infrastructure ready to scale.” 

Weavr’s approach integrates multiple financial partners into a unified platform, offering extensive regional reach and diverse financial products via a single agreement and integration process. 

With Visa’s involvement, B2B SaaS platforms can now provide embedded features, including the issuance of various payment cards, real-time budget monitoring, and expenditure management.  

This collaboration offers HR tech platforms a straightforward solution for delivering Visa-backed benefits cards, allowing employers to offer tailored employee benefits without the need for manual processes like spreadsheets, receipts, or delays. 

Visa UK & Ireland product and solutions VP Mark Wilcocks stated: “Weavr is paving the way for HR platforms to simply integrate these solutions, and we’re excited to enhance this offering with our Visa-powered products.”  

Weavr’s platform is engineered to facilitate the embedding of financial products into B2B SaaS offerings, including employee benefits, expense management, and accounts payable. 

Last month, Spreedly upgraded its open payments platform by integrating Just-In-Time Card Updates for Visa Cards, enabled by Visa Account Updater (VAU).