Breaking news

Wizz Air Teams Up With Revolut To Revolutionize Flight Payments

Wizz Air has unveiled a strategic partnership with fintech leader Revolut, offering over 60 million passengers a streamlined, one-click payment solution via its app. Website integration is slated for May. This collaboration marks a significant step forward in enhancing the travel experience by cutting out tedious data entry at checkout.

Seamless Transactions And Instant Rewards

Thanks to Revolut Pay, Wizz Air customers no longer need to manually enter their card details when booking flights. Instead, a simple tap on the Revolut Pay option allows passengers to complete their purchase within seconds, with secure payment authorization through a passcode or biometric verification on the Revolut app.

As an added incentive, new Revolut users can earn up to EUR 25 after their first transaction of at least EUR 5. Beyond the convenience of quick payments, Revolut Pay also unlocks the Revolut loyalty program: passengers earn RevPoints that can be redeemed on future purchases, including Wizz Air flights. Until April 4, 2025, those using Revolut Pay enjoy a bonus—earning up to ten times the usual RevPoints, subject to terms and conditions. Notably, Wizz Air has been accepting Revolut card payments for in-flight purchases since last year.

A Strategic Boost For The Airline

Wizz Air, founded in 2003 and now one of Europe’s leading low-cost carriers, operates nearly 800 routes across Europe and beyond. This partnership not only simplifies the booking process but also enhances customer value through exclusive rewards and more cost-effective payment options.

“Partnering with Revolut allows us to offer our customers a more flexible and enhanced experience,” said Ian Malin, Chief Financial Officer at Wizz Air. “With Revolut, passengers not only access the best Wizz Air deals but also earn rewards to spend on future trips and other purchases. This gives our 62 million customers access to cutting-edge fintech solutions, ultimately driving lower air fares.”

Alex Codina, General Manager of Acquiring at Revolut, echoed this sentiment:

“We are excited to have Wizz Air on board as a Revolut Pay partner and to support them in making the customer journey as seamless and secure as possible from start to finish. In an industry where payment processes can be overly complex, our solution streamlines checkout, making travel more effortless for everyone.”

A Glimpse Into The Future Of Travel Payments

With more than 1 million global users of Revolut Pay in 2024 and over 25,000 merchants already onboard, this partnership highlights a broader trend: the future of payment is fast, secure, and frictionless. As Wizz Air and Revolut join forces, they are setting a new benchmark for the travel industry—one where technology and innovation come together to enhance every aspect of the customer experience.

Moonshot’s Kimi K2: A Disruptive, Open-Source AI Model Redefining Coding Efficiency

Innovative Approach to Open-Source AI

In a bold move that challenges established players like OpenAI and Anthropic, Alibaba-backed startup Moonshot has unveiled its latest generative artificial intelligence model, Kimi K2. Released on a late Friday evening, this model enters the competitive AI landscape with a focus on robust coding capabilities at a fraction of the cost, setting a new benchmark for efficiency and scalability.

Cost Efficiency and Market Disruption

Kimi K2 not only offers superior performance metrics — reportedly surpassing Anthropic’s Claude Opus 4 and OpenAI’s GPT-4.1 in coding tasks — but it also redefines pricing models in the industry. With fees as low as 15 cents per 1 million input tokens and $2.50 per 1 million output tokens, it stands in stark contrast to competitors who charge significantly more. This cost efficiency is expected to attract large-scale and budget-sensitive deployments, enhancing its appeal across diverse client segments.

Benchmarking Against Industry Leaders

Moonshot’s announcement on platforms such as GitHub and X emphasizes not only the competitive performance of Kimi K2 but also its commitment to the open-source model—rare among U.S. tech giants except for select initiatives by Meta and Google. Renowned analyst Wei Sun from Counterpoint highlighted its global competitiveness and open-source allure, noting that its lower token costs make it an attractive option for enterprises seeking both high performance and scalability.

Industry Implications and the Broader AI Landscape

The introduction of Kimi K2 comes at a time when Chinese alternatives in the global AI arena are garnering increased investor interest. With established players like ByteDance, Tencent, and Baidu continually innovating, Moonshot’s move underscores a significant shift in AI development—a focus on cost reduction paired with open accessibility. Moreover, as U.S. companies grapple with resource allocation and the safe deployment of open-source models, Kimi K2’s arrival signals a competitive pivot that may influence future industry standards.

Future Prospects Amidst Global AI Competition

While early feedback on Kimi K2 has been largely positive, with praise from industry insiders and tech startups alike, challenges such as model hallucinations remain a known issue in generative AI. However, the model’s robust coding capability and cost structure continue to drive industry optimism. As the market evolves, the competitive dynamics between new entrants like Moonshot and established giants like OpenAI, along with emerging competitors on both sides of the Pacific, promise to shape the future trajectory of AI innovation on a global scale.

SWC Finals V
The Future Forbes Realty Global Properties
Uri Levine Course vertical

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter