In a significant move toward reinforcing Europe’s financial sovereignty, Revolut has joined the European Payments Initiative (EPI).
Revolut joins EPI’s Wero wallet
Becoming the latest major fintech to back the continent’s ambition for a unified, home-grown payment system, the digital bank has signed a formal membership agreement with EPI Company and Wero.
The integration will enable Revolut’s customers in France, Germany, and Belgium to access Wero’s secure, instant, account-to-account payment capabilities directly within the Revolut app.
Already available since summer 2024, Wero supports P2P transactions and boasts over 40 million registered users across its initial markets.
Its roadmap includes functionality for e-commerce payments later in 2025, followed by in-store payments, subscriptions, and loyalty programmes in 2026.
This partnership is seen as a milestone for both organisations.
For Revolut, which holds a European banking licence and continues to expand its presence across the EU, it enhances localisation efforts by embedding a native European payments layer into its platform.
For EPI, Revolut’s substantial user base and innovation-led reputation provide a crucial boost to adoption and credibility.
“Facilitating seamless access to free and instant payments is no longer a luxury – it’s a necessity,” said David Tirado, Vice President of Global Business at Revolut.
“By enabling Wero in our app, we’re empowering customers to make secure, real-time payments across European borders.”
Martina Weimert, CEO of EPI Company, described the partnership as a pivotal moment.
“Revolut’s extensive footprint and commitment to innovation make them a valuable ally in our mission to offer a sovereign, pan-European payment solution.”
As the European Union intensifies its focus on reducing reliance on foreign-dominated card schemes and tech platforms, Wero’s expansion – bolstered by strategic partnerships like this one – could mark a turning point in how Europeans send, receive, and manage money domestically.
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