Wetapo in the news
Wetapo is building a simpler way for businesses to connect with modern bank payments.
We are a European payment technology company focused on Pay by Bank, Open Banking and account-to-account payment experiences for merchants, payment service providers and fintech companies.
As the European payments landscape continues to evolve, our focus is on making bank payments easier to access, integrate and use as part of modern digital experiences.
This is where you can find the latest Wetapo news, company announcements and information for media enquiries.
About Wetapo
Making bank payments simpler for business
Wetapo is a Latvia-based European payment technology company focused on making modern bank payments easier for businesses to access and integrate.
We believe paying directly from a bank account should feel like a natural part of the digital payment experience.
Through Pay by Bank and Open Banking technology, Wetapo helps businesses introduce account-to-account payment journeys into online checkout, payment platforms and digital financial products.
Our focus is B2B. We build for merchants looking to introduce modern bank payments, payment service providers expanding their payment offering and fintech companies embedding payment capabilities into their products.
Our goal is simple: take the complexity behind bank payments and turn it into experiences that are easier for businesses to build and easier for customers to use.
What we do
Connecting businesses with modern bank payments
The European payments landscape is changing.
Open Banking has created new ways for businesses, payment companies and financial institutions to interact. Account-to-account payments are becoming a more important part of digital commerce, while modern APIs are making financial infrastructure increasingly accessible to the products businesses build.
Wetapo is being built around this transition.
Our technology is focused on making Pay by Bank easier to incorporate into existing digital products and payment environments.
Rather than treating a bank payment as a traditional bank transfer, we believe it can become a natural part of a modern digital payment journey — from checkout and bank selection to authentication, authorisation and payment status.
For merchants, that means another way for customers to pay.
For PSPs, it creates an opportunity to expand their payment offering.
For fintech companies, it provides a way to bring bank payments directly into the products and experiences they are already building.
What is Pay by Bank?
From bank account to digital payment experience
Pay by Bank allows customers to make a payment using their existing bank account.
Instead of manually entering card details, customers can select their bank, authenticate through their familiar banking environment and authorise the payment.
The technology behind the experience may be sophisticated, but the objective is straightforward: make paying from a bank account feel simple.
For businesses, Pay by Bank creates another way to incorporate account-to-account payments into digital customer journeys.
For Wetapo, however, Pay by Bank represents more than another payment option.
It is part of a broader evolution towards payment experiences built around better connectivity between businesses, customers and the banking infrastructure they already use.
Why now?
European payments are entering a new chapter
Payments rarely stand still.
The way people shop has changed. The way businesses build digital products has changed. And the financial infrastructure connecting businesses with banks is changing too.
Open Banking has created new possibilities for connecting financial services. APIs are making payment functionality easier to integrate into digital products, while developments in account-to-account and instant payments continue to change expectations around bank payments.
At the same time, businesses increasingly expect payment technology to work as part of their existing products rather than forcing customers into completely separate experiences.
We believe these developments are bringing bank payments closer to the centre of modern digital commerce.
Wetapo is being built for that future.
Who we build for
Merchants
We help merchants bring Pay by Bank into their digital payment experience and give customers another way to pay using their existing bank account. Our approach is focused on making bank payments feel like a natural part of checkout rather than a separate banking process.
Payment Service Providers
We work with payment businesses looking to incorporate Open Banking payments into their existing payment offering. Wetapo is designed to help make bank payment capabilities easier to integrate into the infrastructure and payment experiences PSPs already provide to their merchants.
Fintechs
We help fintech companies bring bank payment functionality into their own products, platforms and customer journeys. This allows product and engineering teams to focus on the experiences they are building while keeping the complexity of bank payment infrastructure behind the scenes.
Our perspective
Bank payments should feel like modern payments
For customers, paying from a bank account shouldn't need to feel like manually creating a bank transfer.
For businesses, accepting bank payments shouldn't mean making bank connectivity the centre of their technology strategy.
For developers, adding a new payment capability shouldn't introduce unnecessary complexity.
And for payment companies, expanding a payment offering should not require rebuilding the entire payment stack.
Our ambition is to help close these gaps.
Wetapo is focused on creating better connections between modern businesses and the evolving European bank payment ecosystem while keeping the experience around those connections as straightforward as possible.
Complex infrastructure should create simple experiences — not complicated ones.
Our story
Why should paying from a bank account feel complicated?
That question sits at the heart of what we're building.
Bank accounts already play a central role in people's financial lives, yet the experience of using them for digital payments has historically not always been as straightforward as other online payment methods.
Open Banking is helping change that.
It creates an opportunity to bring banks closer to digital checkout and enables businesses to build payment experiences around financial infrastructure customers already know and use.
Wetapo was created around the belief that this experience can become simpler.
We're starting with Pay by Bank and Open Banking payments, with the ambition to build a European payment technology company around the way payments are evolving.
What we believe
Open infrastructure creates new possibilities
When financial systems can communicate more effectively, businesses gain new opportunities to create better products and payment experiences. We believe greater connectivity between payment technology and banking infrastructure will continue to create new possibilities across European payments.
Complexity belongs behind the experience
Modern payment infrastructure can be sophisticated without making the customer journey complicated. Technology should handle complexity so that businesses and customers don't have to.
Payments should fit the product
Every business is different. A merchant checkout, PSP infrastructure and fintech application have different requirements. We believe payment technology should be flexible enough to become part of these experiences rather than forcing every business into the same model.
Customer experience matters
A payment isn't only an exchange of information between financial systems. It is also a moment in the customer journey. The best payment infrastructure should make that moment feel simple, familiar and intuitive.
Payments will keep evolving
Open Banking is only one part of a much broader transformation taking place across European financial infrastructure. As bank connectivity, APIs and account-to-account payments develop, new payment experiences will become possible. Wetapo intends to evolve with them.
Partnerships matter
Payments sit between businesses, banks and technology providers. We believe better outcomes come from working closely with the ecosystem rather than in isolation.
Looking ahead
Building for what comes next
Wetapo is starting with a clear focus on Pay by Bank and Open Banking payments.
But we are building with a longer-term perspective.
The European payments ecosystem continues to develop, and the boundaries between banking infrastructure, payment technology and digital products are becoming increasingly connected.
We see an opportunity to build technology that makes those connections easier for businesses to use.
Our ambition is to create a company that developers want to integrate, payment teams want to work with and businesses can build around as their payment requirements evolve.
We are at the beginning of that journey.
And we're building for the long term.
News & Announcements
Latest from Wetapo
Follow the latest developments from Wetapo as we continue building our products and growing the company.
Here we'll share meaningful company announcements, product developments, new capabilities and other updates about what we're building.
As Wetapo evolves, this will be the place to follow the milestones shaping the next stage of our journey.
About Wetapo for media
Wetapo is a European payment technology company focused on Pay by Bank and Open Banking payments for merchants, payment service providers and fintech companies.
Wetapo helps businesses bring modern account-to-account payment experiences into online checkout, payment platforms and digital financial products, with a focus on making bank payments simpler to integrate and easier to use.
Media enquiries
Let's talk
For media enquiries, interviews or questions about Wetapo and our perspective on the future of bank payments, please get in touch with our team.
We welcome conversations about Wetapo, Pay by Bank, Open Banking, account-to-account payments and the evolution of the European payments landscape.
info@wetapo.com
Looking for something else?
If you're interested in using Wetapo, exploring a potential partnership or learning more about our payment solutions, we'd be happy to hear from you.
Ready to accept bank payments?
Tell us a little about your business and we'll help you explore how Wetapo fits your payment experience.