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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.

Bank of Cyprus Upgrade Signals Fresh Optimism For Greek And Cypriot Banks

Regional Banks Enter A More Favorable Cycle

Bank of Cyprus and Eurobank are well positioned to benefit from a renewed re-rating of Greek and Cypriot bank stocks, according to Cyprus-based investment firm Roemer Capital, which upgraded Bank of Cyprus to a buy rating and reaffirmed its positive view on Eurobank.

The firm cited easing geopolitical tensions, resilient economic growth in Greece and Cyprus, lower funding costs and Greece’s expected transition to developed-market status as the main factors supporting the sector.

Roemer Capital also lowered its cost of equity assumptions, updated its forecasts following first-quarter 2026 results and extended its valuation horizon to the end of 2027, raising target prices across its banking coverage.

Bank Of Cyprus Gets The Largest Upgrade

Bank of Cyprus received the biggest revision, with Roemer Capital upgrading the stock from hold to buy and setting a target price of €11.10, implying potential total upside of 27%.

The firm highlighted the bank’s strong capital generation, profitability and projected 100% dividend payout, describing it as the strongest capital-return story among the banks under coverage. Roemer Capital maintained its buy rating on Eurobank, assigning a target price of €4.90 and forecasting potential upside of 28%. The report said the bank is well placed to benefit from loan growth, improving operating performance and merger-and-acquisition synergies.

National Bank of Greece and Piraeus Bank also retained buy ratings, with expected returns ranging from 25% to 36%. Optima Bank was upgraded to buy, while Alpha Bank remained at hold on valuation grounds.

Why Growth Still Sets The Region Apart

According to Roemer Capital, Greek and Cypriot banks continue to benefit from stronger economic fundamentals than many western European peers. The report pointed to faster economic growth, healthier balance sheets, low levels of non-performing exposures, capital ratios approaching 20% and strong customer deposit bases.

Analysts expect performing loans across the sector to grow at a compound annual rate of 6% to 8% through 2028, supported by private investment, digitalisation, green manufacturing, supply-chain expansion and a gradual recovery in household lending.

The report also said the conclusion of lending under the EU Recovery and Resilience Facility is unlikely to materially affect credit growth, as banks have already shifted back towards traditional commercial lending. Roemer Capital expects Euribor to remain between 2.2% and 2.5%, a level it believes should support both lending activity and net interest margins.

Geopolitics, Valuation And Market Structure Support The Case

The report said improving geopolitical conditions have strengthened the investment outlook, noting that Brent crude prices have largely returned to pre-war levels while Greek government bond yields have stabilised at around 3.5%. Although geopolitical risks remain, Roemer Capital believes the likelihood of a major inflationary shock or significant pressure on bank profitability has eased.

Another important catalyst identified by the firm is Greece’s expected promotion to developed-market status by FTSE Russell, STOXX and MSCI over the coming months.

According to the report, the reclassification should improve liquidity and attract a broader base of international investors. Roemer Capital also said Euronext’s acquisition of the Athens Exchange is expected to strengthen market infrastructure and increase international visibility, particularly for Bank of Cyprus and Optima Bank.

The firm noted that Bank of Cyprus has already benefited from its Athens listing, with average daily trading value increasing from less than €400,000 before its September 2024 move to nearly €6 million afterwards.

Economic Momentum Remains A Core Tailwind

Roemer Capital said both Greece and Cyprus have moved beyond post-crisis recovery and are now supported by private-sector-led growth. For Cyprus, the report highlighted recent tax reform and efforts to simplify the legal and regulatory framework, while also noting that limited foreign banking competition continues to support domestic lenders.

Overall, Roemer Capital expects Greek and Cypriot banks to remain well-positioned for profitable loan growth over the coming years.

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