Lucerne, October 21, 2021 – “Changing the way people pay” – this is the motto of wearonize AG as the international market leader in wearable solutions for manufacturers of lifestyle products as well as for banks. From now on, the British FinTech Curve OS Ltd also trusts in the innovative solutions: wearonize is the preferred partner for passive wearables from Curve (“Your wallet in one”) from October 2021 and thus opens up new markets.
Through this collaboration, wearonize AG (www.wearonize.com) further expands its global leadership as a comprehensive “fullfillment-as-a-service” provider for wearable payment solutions (for both producers and banks): Through the cooperation with UK-based FinTech CURVE OS Ltd (www.curve.com), wearonize now supports the debit and credit cards of virtually all banks and card issuers in the European Economic Area (EEA) and the UK.
wearonize offers producers market of more than 300 million consumers
“Of course we are happy about this cooperation, because it brings only advantages for all sides. With Curve at our side, we are taking a big step towards market penetration, as Curve subsumes all debit or credit cards, Mastercard, Visa cards and others commonly used in the EU & UK into one card. This means that producers who turn their products into payment wearables with wearonize technology can now reach every consumer in Europe and the UK with a debit or credit card – a market of more than 300 million consumers”, says Thorsten Röske, CEO and Co-Founder of wearonize AG about the cooperation agreement, which was signed in mid-October 2021.
wearonize extends market penetration to entire EEA and UK
Even before the partnership with Curve, wearonize had the world’s largest banking network for producers with currently more than 66 banks in 12 countries. The collaboration increases the reach of supported banks for wearonize and now extends to the entire EEA and the UK for the first time. Curve is currently available in 31 markets across the U.K. and the European Economic Area (EEA) and connects all of a consumer’s payment cards(both in a physical card and in an app) in one account. Even before partnering with Curve, wearonize already had the world’s largest banking network for producers, with currently more than 66 banks in 12 countries. Through Curve, the reach of supported banks for wearonize increases and now extends to the entire EEA and the UK for the first time.
About wearonize AG:
wearonize is changing the way people pay. Since its founding in 2019, the FinTech has positioned itself as the world’s leading fulfillment-as-a-service partner for banks and manufacturers of (fashion) accessories looking to make payments wearable. wearonize offers software, hardware and logistical services to help banks, manufacturers and event organizers enter the passive payment wearables market without having to invest a lot of time and financial resources themselves. The wearonize team manages the entire process of analysis, development, testing, certification and distribution of passive wearables and payment technology (and other capabilities). In 2020, wearonize became the sole software and services provider of SwatchPAY, and in 2022, wearonize partnered with BKLB to provide passive wearables at the Swiss Federal Wrestling Festival (ESAF 2022). Currently, wearonize is active in more than 25 countries and in cooperation with more than 75 banking institutions. The team around CEO Thorsten Röske currently comprises 17 members at the locations Lucerne, Switzerland, Munich, Germany and Cluj, Romania.