Fintech innovator Aqwire has partnered with premier property developer Filinvest Land, Inc. to complete the Philippines’ first real estate transaction using the Single Euro Payments Area (SEPA) system. SEPA enables fast, secure, and low-cost Euro transfers across 36 European countries through over 140,000 bank branches.
“The successful completion of the Philippines’ first real estate transaction using the SEPA system is more than just a technical achievement; it is a bridge that brings Europe and the Philippines closer than ever. By integrating one of Europe’s most efficient payment methods, we are unlocking seamless, secure, and cost-effective property investments that connect communities across continents,” said Aqwire CEO Victor Lee.
This groundbreaking milestone makes Philippine property investment significantly more accessible to European buyers. Overseas Filipino Workers can now invest without lengthy delays or high remittance fees, while European buyers benefit from streamlined, cost-efficient transactions.
The partnership reflects both companies’ commitment to modernizing real estate transactions and eliminating cross-border payment barriers. By integrating SEPA, they’re creating a more inclusive, globally connected payment ecosystem for the Philippine property market.
This SEPA integration reinforces Aqwire’s mission to make international real estate payments simple, transparent, and accessible for property developers, brokers, and buyers worldwide, positioning the Philippines as a more attractive destination for European property investment.