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Weavr co-founder: ‘Stress isn’t always a bad thing’ – Fi5

Weavr founder in five

Alex Mifsud is the co-founder and CEO of Weavr, a London-based embedded finance company.

Weavr provides plug-and-play embedded finance software, which lets non-financial businesses integrate off-the-shelf financial tools – such as bank transfers and contactless payments – onto their existing applications.

Founded in 2018 by Mifsud and Adrian Mizzi, Weavr has raised more than $54m (£42m) in funding. Its most recent round was a £29.5m Series A round in February 2022.

Previously Mifsud was a co-founder of Entropay, launching the first consumer virtual prepaid card in Europe, and founded B2B payments technology platform Ixaris.

In this week’s Founder in Five Q&A, Mifsud shares the biggest mistake that founders make, explains why “stress isn’t always a bad thing” and recalls being on a boat that capsized while sailing in a Scottish loch....