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Revolut Could Be a Beneficiary of the Wirecard Fallout
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Revolut Could Be a Beneficiary of the Wirecard Fallout

Revolut Could Be a Beneficiary of the Wirecard Fallout

Peter Renton·
EuropeFintech
·Jun. 29, 2020·1 min read

With Wirecard causing major headaches for European fintech companies Revolut is one company poised to take advantage of the situation writes Jim Armitage in the Evening Standard; the payments processing technology that Wirecard uses could come up for auction and Armitage thinks Revolut should put in a bid; this could help the company make quick inroads into the business banking market; Revolut could use some of its recent $500 million funding round to acquire a highly profitable product line that would allow the company to compete with the likes of Adyen and Worldpay. Evening Standard.

  • Peter Renton
    Peter Renton

    Peter Renton cofounded Fintech Nexus as the world’s largest digital media company focused on fintech before it was acquired by Command. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

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Adyenpayments processingRevolutWirecardWorldpay
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