A fresh round of buzz is making its way through the European payments world; and it’s not just about another product launch. According to exclusive reporting by finanz-szene.de, British fintech giant Revolut is said to be joining the European payment wallet Wero as a scheme member. That’s right: Wero, the still-developing brainchild of the European Payments Initiative (EPI), may soon be getting a serious boost.

Now before we all jump to conclusions; this news isn’t officially confirmed. The article cites unnamed insiders and sources within the EPI environment, describing the deal as “relatively fresh” and still making the rounds behind closed doors. While not officially announced, the information is already making the rounds among insiders.

Unconfirmed but logical

If true, this would be a notable move. Until now, EPI and Wero have been primarily a playground for Europe’s legacy banks. Revolut would be the first digital-native fintech player to join the initiative, marking a potential turning point in Wero’s go-to-market story.

That kind of ambition lines up with Revolut’s broader European strategy. As Antoine Le Nel, Revolut’s Chief Growth & Marketing Officer, recently put it:

“Our ambition is clear: we want to become the largest banking group in Europe, revolutionising banking and offering cutting-edge financial services to customers across all 30 EEA countries.”

– Antoine Le Nel, Revolut’s Chief Growth & Marketing Officer

In that light, plugging into a pan-European wallet like Wero sounds like a logical next step.

So what’s actually happening?

Based on the report, Revolut would not become a shareholder in EPI (at least not yet). Instead, it plans to offer Wero as a payment solution to its customers; essentially signing on as a ‘scheme member.’

The motivation is clear: Wero’s existing services – like its P2P payment function – need scale and traction. And Revolut? Well, it’s famously good at bringing new features to market at speed. Insiders hope that Revolut’s involvement will pressure banks to stop dragging their feet and finally roll out more ambitious features, such as Wero for e-commerce.

Participants from EPI, including Deutsche Bank, Postbank, Sparkassen, and Genobanken, might now find themselves facing a new kind of partner-slash-competitor; one whose product teams treat ‘agile’ like a verb, not a buzzword.

Key takeaways for fintech startups

• Partnerships matter. Revolut’s rumoured entry into Wero (if confirmed) shows how big players can influence ecosystem momentum.
  
  
• Being first counts: Revolut could become the first fintech to join Wero, signalling that traditional banking consortiums are opening up to more agile digital entrants.
  
  
• Wait for the facts: While insider leaks like this one can indicate direction, they’re no substitute for confirmed announcements. Make sure your roadmap reacts to reality, not just headlines.
  
  

Want to make sense of fast-moving shifts in fintech and turn them into strategy? Talk to us. We help startups grow with the right mix of insight, positioning, and execution.