Wero Keeps Expanding Into Digital Banking
Hey Digital Banking Fanatic!
Europe's homegrown answer to PayPal, Mastercard, and Visa just landed inside one of the continent's biggest digital banks.
N26 has rolled out Wero for customers in Germany and France. Send or receive money in seconds using just a phone number or email, no IBAN needed.
This is actually a big deal, you may ask "why?", Wero is the EU's best shot at a truly pan-European payments network, and putting it inside digital banks' apps like Revolut, bunq and now N26 means millions of digitally native users get it by default.
Europe is finally building its own payments stack.
Scroll down for more Digital Banking news 👇
Cheers,
INSIGHTS
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NEWS
🇪🇺 N26 expands instant payment offer with introduction of Wero, the digital payment solution developed by EPI. Customers in Germany and France can send money using a phone number or email, with funds arriving in under 10 seconds.
🇫🇯 BSP launches Fiji's first bank-backed electronic wallet, giving customers mobile access to payments and transfers. BSP eDollar supports up to five wallets per user, QR payments, and instant transfers between individuals and merchants.
🇨🇦 KOHO introduces enhanced savings features to support smarter digital money management for Canadian users. The platform adds high-yield interest tools designed to help customers build savings habits within its app.
🇿🇦 Sumsub launches real-time bank account verification in South Africa, using SARB infrastructure to combat fraud. The tool enables digital onboarding without document submission, streamlining KYC for financial services providers.
🇻🇳 Vietcombank partners with Virtusa to launch a next-generation corporate banking platform. The multi-year program builds VCB Corporate DigiBank, an AI-native system replacing legacy infrastructure with mobile-first corporate access.
🇪🇺 Worldline outlines how banks can simplify European digital identity wallet adoption ahead of the eIDAS 2.0 deadline. Banks must accept certified European wallets for KYC and authentication by end of 2027. Read more
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