Overview

• Wero reached over one million activations among Sparkassen customers one year after its July 2024 debut.
• The Deutsche Sparkassen- und Giroverband reports a Europe-wide user base exceeding 40 million for the payment service.
• A standalone Wero app is now available at Postbank, and additional banks are slated to integrate this summer.
• Users can send real-time transfers via phone number or email and make cross-border payments without requiring an IBAN.
• PayPal remains ahead in Germany with roughly 35 million active customer accounts despite Wero’s rapid expansion.