Blog - WeavePay

All Stories & Articles

News

January 30, 2025

Issue #53

WeavePayWeekly reports Paris fashion week over, KMPG partners rejoice over pay, bank chatbot disrespects customers, and more.

Leo Shipulya

Business Development Manager

News

January 23, 2025

• 5 min read

Issue #52

WeavePayWeekly reports Trump restores TikTok, Trump becomes president, Trump launches $TRUMP, and more.

Leo Shipulya

Business Development Manager

News

January 16, 2025

• 6 min read

Issue #51

WeavePayWeekly reports Meta cuts 5% of workforce based on performance, pension funds dabble in crypto, Americans suddenly learning Chinese, and more.

Leo Shipulya

Business Development Manager

News

January 9, 2025

• 4 min read

Issue #50

WeavePayWeekly reports Greenland not for sale, Nvidia claims they’re beating Moore’s Law, Kraken emerges from Octopus, and more.

Leo Shipulya

Business Development Manager

News

January 2, 2025

• 4 min read

Issue #49

WeavePayWeekly reports 2025 begins, AI salesmen on the rise, Murakami collaborates with Louis Vuitton, and more

Leo Shipulya

Business Development Manager

News

December 26, 2024

• 4 min read

Issue #48

WeavePayWeekly reports Temu most downloaded app of 2024, World told to delete iris scans, Spotify accused of promoting ghost artists, and more

Leo Shipulya

Business Development Manager

News

December 19, 2024

• 3 min read

Issue #47

WeavePayWeekly reports Fintech stops hiring humans, mind control tech in development, Chanel appoints new designer, and more.

Leo Shipulya

Business Development Manager

News

December 12, 2024

• 4 min read

Issue #46

WeavePayWeekly reports Bitcoin hits 100k, offices celebrate Christmas sober, AI comes up with new drugs, and more.

Leo Shipulya

Business Development Manager

News

December 5, 2024

• 4 min read

Issue #45

WeavePayWeekly reports Shopify does $5 billion on Black Friday, AWS bets on liquid cooling, Jaguar yassifies car, and more.

Leo Shipulya

Business Development Manager

November 28, 2024

• 5 min read

Issue #44

WeavePayWeekly reports bankers get faster bonuses, central banks losing faith in CBDCs, Netherlands fights over manure, and more.

Leo Shipulya

Business Development Manager

Insights

November 25, 2024

• 4 min read

Leo Shipulya’s Insights On Why Niche Fintechs Serve SMEs Better Than Traditional Banks

It’s 2024: AI is detecting cancer years in advance, and machines are composing film scores. Yet, bank customers are still required to visit physical branches and sign documents by hand to prove their identity.

Leo Shipulya

Business Development Manager

Insights

October 22, 2024

• 4 min read

Girts Straujums's Insights on Overcoming Challenges Faced by Fintech Startups

Most startups face significant challenges, and many don't succeed—often for similar reasons: not solving the right problems, not building the right team, or struggling with leadership issues.

Girts Straujums

Chief Executive Officer

Insights

September 10, 2024

• 7 min read

Eugene Shipulya's Insights on Starting and Growing a Fintech Company

When you think of starting a financial company, a bank is often the first thing that comes to mind. But for me, the appeal of banking was limited.

Insights

Creativity in Finance and the AI Revolution

The synergy between creativity and AI in revolutionizing finance - transforming operations, enhancing client services, improving onboarding, and driving innovative solutions in 2024 and beyond.

Leo Shipulya

Business Development Manager

Insights

November 23, 2023

• 10 min read

Taking a European-Centric Look at Payments

Explore European payment innovations post-Brexit in our series 'Taking a European View on Payments.' Understand the impact on businesses, the role of key organizations, and the push for instant payments, reflecting Europe's unique financial landscape.

Leo Shipulya

Business Development Manager

Insights

November 15, 2023

• 6 min read

Taking a Global and UK-Centric Look at Payments

Unraveling the UK's dynamic payment landscape amid economic turbulence, highlighting fintech innovations, emerging payment trends, and regulatory changes shaping the global payment framework in 2023-2024.

Leo Shipulya

Business Development Manager

Insights

September 16, 2023

• 3 min read

What is an Electronic Money Institution (EMI)?

WeavePay, as an Electronic Money Institution (EMI) licensed by the FCA, offers a digital alternative to traditional banking, simplifying global transactions for entrepreneurs. With unique IBAN accounts and Visa debit cards, we provide agility and convenience for international business operations.

Leo Shipulya

Business Development Manager

Insights

September 16, 2023

• 2 min read

How are EMIs Shaping the Future?

Electronic Money Institutions (EMIs) are transforming global business banking with digital solutions, offering financial inclusivity and innovation. They bypass traditional banking's limitations, enabling businesses of all sizes to access international financial services efficiently.

Ruslan Syrbu

Senior Client Manager

Guides

October 31, 2023

• 1 min read

Corporate Debit Cards Explained

Discover how WeavePay's Visa Corporate Debit Cards enhance business efficiency. Tailored for global businesses, they offer robust security, worldwide acceptance, and easy employee sponsorship, streamlining payments and expense management.

Alexey Lopatin

Chief Technology Officer

Guides

October 23, 2023

• 1 min read

Multicurrency Accounts Explained

Multicurrency accounts are ideal for managing global finances. They offer simplified accounting, protection against fluctuating exchange rates, and flexibility in multi-currency transactions, catering to both personal and business needs at WeavePay.

Leo Shipulya

Business Development Manager

Guides

October 19, 2023

• 1 min read

Virtual Cards Explained

Virtual debit cards offer a secure and streamlined way to make online purchases. Traditional chip-and-pin cards come with a single, permanent card number. To obtain a new number, you need to request a fresh card from your financial institution.

Alexey Lopatin

Chief Technology Officer

Guides

October 11, 2023

• 1 min read

Optimizing Payments for Sports Clubs

Managing a sports club requires a reliable payment system. Fintech solutions like WeavePay offer multicurrency accounts, high-limit debit cards, and personalized service, simplifying international transactions and providing essential financial support.

Ruslan Syrbu

Senior Client Manager

Guides

September 16, 2023

• 10 min read

What is SWIFT?

SWIFT is a global financial messaging network that facilitates the seamless exchange of information about financial transactions and is otherwise known as The Society for Worldwide Interbank Financial Telecommunication.

Leo Shipulya

Business Development Manager

Guides

September 16, 2023

• 12 min read

What is SEPA?

SEPA (Single Euro Payment Area) is a system that standardizes euro payments across participating countries. It revolutionizes the landscape of financial transactions by offering efficiency, convenience, and cost-effectiveness.

Leo Shipulya

Business Development Manager

Updates

October 5, 2023

• 1 min read

WeavePay x Telegram Integration

We’ve integrated Telegram as a tool to log into your account, confirm payments via 3DS, and get payment notifications. This solves a big issue for our global clients: the hassle of changing phone numbers and missing important payment codes.

Alexey Lopatin

Chief Technology Officer

Updates

October 3, 2023

• 1 min read

We've Upgraded Our Brand

WeavePay's rebranding emphasizes our commitment to better financial services, reflecting growth and clarity. Our new 'WP WeavePay' logo and simplified black-and-white design enhance user experience, focusing on functionality and our core mission of empowerment.

Leo Shipulya

Business Development Manager

Updates

September 16, 2023

• 2 min read

Why WeavePay is Committed to Personal Relationships

WeavePay emphasizes human mentorship, believing in its crucial role in business growth and job satisfaction. Our culture fosters open dialogue and diverse perspectives, balancing experienced professionals with youthful innovation to navigate the evolving tech landscape.

Girts Straujums

Chief Executive Officer