Revolut will integrate the European Payments Initiative’s Wero wallet into the Revolut app for customers in France, Belgium and Germany, a system launched in 2024 that already has over 40 million users and aims to add e-commerce payments by late 2025 (announced June 26, 2025). Lunar, the Nordic digital bank, announced in June 2025 partnerships…
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Q1 2025 fintech funding jumped 18% quarter-over-quarter to over $10 billion, the highest level in two years. The U.S. FedNow real-time payment rails had onboarded more than 1,200 banks by early 2025 and processed 1.3 million transactions in Q1 2025, up 43% QoQ. In June 2025, the European Payments Initiative launched a cross-border collaboration to…
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