Airwallex Joins EPI as Principal Member and Expands with Wero

Airwallex Joins EPI as Principal Member and Expands with Wero
Airwallex Joins EPI as Principal Member and Expands with Wero

Hey Payments Fanatic!

Airwallex has partnered with EPI, and now merchants on the company's platform can offer Wero Wallet as a payment method across Europe.

The FinTech is now a Principal Member of the European Payments Initiative.

The goal here is to make merchants reach more shoppers and streamline transactions across borders securely, reduce reliance on legacy card networks, and provide a future-proof solution aligned with regulatory and security standards set within the EU.

Wero is Europe's first homegrown digital wallet, designed to unify and simplify account-to-account (A2A) payments across the continent, and is currently backed by 16 European banks and payment service providers.

The new Wero Wallet in Airwallex is expected to launch for e-commerce payments in Germany from the end of 2025, followed by France and Belgium in 2026, with point-of-sale (POS) acceptance to follow shortly thereafter.

This and more payment stories you should know are just below ๐Ÿ‘‡

Cheers,

Marcel


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NEWS

๐Ÿ‡ฌ๐Ÿ‡ง Airwallex becomes a Principal Member of EPI to bring Wero, Europeโ€™s unified digital wallet, to merchants across Europe. By integrating Wero, Airwallex customers will have direct access to this innovative payment method from launch, enabling merchants to reach more shoppers and streamline transactions across borders.

๐Ÿ‡ฉ๐Ÿ‡ช Wero e-commerce is now live in Germany. The company also announced the first merchants to accept Wero on their websites at this early stage, including Eventim, Decathlon, Lidl, Rossmann, CEWE, Cineplex, Zooplus, Dott, Hornbach, Air Europa, Veepee, and BAUR. Their customers can now complete transactions easily and conveniently directly through Weroโ€™s user-friendly platform.

๐ŸŒ Banking Circle has joined forces with JD FinTech to support faster and more reliable cross-border payment services for global businesses. JD FinTech said the integration will help reduce friction in international transactions and deliver scalable, compliant payment solutions for businesses and consumers.

๐Ÿ‡ฆ๐Ÿ‡ช Thunes and First Abu Dhabi Bank partner to launch real-time cross-border & wallet payments across the Middle East. FAB customers will be able to send real-time payments across more than 130 countries, providing clients with transparent, efficient, and accessible international payment solutions.

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๐Ÿ‡บ๐Ÿ‡ธ Klarna delivers record-breaking Q3 as AI-powered digital bank: $903 million in revenue and 4 million card sign-ups in four months. CEO Sebastian Siemiatkowski said Q3 was the companyโ€™s strongest quarter yet, with U.S. revenue up 51%, GMV up 43%, rapid adoption of the Klarna Card, and continued growth in Fair Financing. The company expects to exceed $1 billion in revenue in Q4 2025.

๐Ÿ‡บ๐Ÿ‡ธ Klarna powers fair financing hypergrowth with $6.5bn US agreement. The agreement enables Klarna to sell part of its existing Fair Financing portfolio and, from October onwards, newly originated Fair Financing receivables to the Elliott-managed funds on a rolling basis.

๐Ÿ‡จ๐Ÿ‡ญ Switzerland tests digital deposit token for next-gen payments. PostFinance AG, Sygnum Bank AG, and UBS Group AG conducted a Proof of Concept, using deposit tokens to execute legally binding cross-bank payments on a public blockchain. Continue reading

๐Ÿ‡บ๐Ÿ‡ธ Ramp hits $32B valuation, just 3 months after hitting $22.5B. Ramp has raised $2.3 billion in total equity financing, it says. And in 2025 alone, the company leapt from being worth $13 billion to $32 billion. The company offers corporate credit cards, expense management/purchase order software, and corporate travel. 

๐Ÿ‡บ๐Ÿ‡ธ US FinTech Pipe drastically reduces workforce reportedly by 50%. A Pipe spokesperson called the restructuring a difficult decision to shift to a leaner org structure, noting that while the business is growing rapidly, the company must prioritise profitability, operational efficiency, and its core products to scale the right way.

๐Ÿ‡บ๐Ÿ‡ธ Mastercard partners with Polygon. The partnership, powered by Mercuryoโ€™s identity checks, aims to cut down on transfer errors and make crypto more user-friendly for everyone. Mastercard and Polygon hope to open the door for mainstream payments on blockchain, making crypto as simple as texting a friend.


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