epay’s digital-content distribution relationship with Revolut reached 27 countries by the end of the first quarter of 2026, Euronet Worldwide disclosed at its May 20 Investor Day. The update places gift cards and prepaid content inside a financial app’s loyalty offering, rather than in a standalone retail gift shop. [S01]

The figure describes an expanded existing relationship. Euronet had reported a 20-country footprint for the fourth quarter of 2025; its April presentation subsequently identified Brazil and Mexico among the additions. May’s disclosure provides a broader quarter-end total, not a newly signed partnership. [S02] [S03]

The distribution footprint and what a country count measures

The data behind the story

epay’s reported Revolut distribution footprint

The fourth-quarter 2025 results and May 2026 Investor Day presentation give two dated observations of the existing relationship.

countries

Sources
Euronet fourth-quarter 2025 release filed with the SEC, February 12, 2026; Euronet Investor Day, May 20, 2026, slide 39

Euronet reported 20 countries for digital gift-card/prepaid distribution in Q4 2025, then 27 for digital content loyalty redemption at the end of Q1 2026. These are supplier-reported footprint observations, without a complete country-by-country catalogue or identical-product audit. Geographic availability is not active-user penetration, redemption volume, revenue or profitability. The total does not imply that every format or merchant is available in each country.

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epay’s reported Revolut distribution footprint (countries)
CategoryCountries in the reported relationship
Fourth quarter 202520 countries
End of first quarter 202627 countries

The two disclosures describe distribution reach at different reporting dates. The February results use gift-card and prepaid distribution wording; the May presentation places the 27-country figure under digital wallets and loyalty and explicitly dates it to the end of the first quarter. Neither supplies a complete country-by-country inventory of the brands or redemption formats. The comparison therefore measures the relationship’s reported footprint rather than an identical product assortment. [S06] [S01]

epay is Euronet’s prepaid processing and distribution business. Its history includes Euronet’s 2003 acquisitions of e-pay and transact, followed by expansion from mobile airtime into digital content and corporate rewards. The common function is connecting a supplier’s value with the channels where customers buy or

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