Legal & disclaimer
Not a financial institution
Weave is not a bank, money transmitter, or financial institution, and provides no tax or legal advice. Weave never holds, pools, routes, or pays out funds. Money flows directly from each contributor to the host — in v1 the contributor taps a prefilled link to pay the host in their own payment app (Venmo, Cash App, or PayPal); Weave has no balance and never sends money to anyone.
Cost-sharing, not income
Contributions a host collects to cover a shared subscription or service are cost-sharing among the participants, not income. A host may not collect more than their actual cost (no markup). Each participant can see every share and verify the totals.
How payments work
Weave does not process payments. It computes each person's share and gives the contributor a prefilled link to pay the host directly in their own app (Venmo, Cash App, or PayPal); the host confirms when they have received it. Weave never touches the money.