Weav raises $4.3 M to knit together a universal API for commerce platforms

by RJ Shara | Apr 26, 2021 | Fundings and Exit, Startups

Weav, which is developing a universal API for commerce platforms, is emerging from stealth today with$4.3 million in funding from a bunch of financiers, and

a partnership with Brex. Founded in 2015 by engineers Ambika Acharya, Avikam Agur and Nadav
Lidor after participating in the W20 YC batch, Weav signs up with the wave of fintech […]
Considering that its API went live in January,”thousands “of organizations have actually utilized new items and services built on Weav’s facilities, according to Lidor. And it sees a big market opportunity for a brand-new class of financial applications to come to market built atop Weav’s platform.”We were thrilled by Weav’s vision of a universal API for commerce platforms,”Davis wrote by means of email. Brex co-CEO Henrique Dubugras stated that Weav’s API provides the company the capability to use real-time funding to more customers selling on more platforms, which saved the business” thousands of engineering hours” and accelerated its rollout timeline by months. Clearly, the company liked what it saw, considering that its creators personally invested in Weav….