Several SoftBank executives held calls last month to discuss potential legal risks with their large investment into Wirecard so soon...
Despite recent challenges with accounting issues in its Asian arm German payments company Wirecard has received a $1 billion funding...
The Wall Street Journal provides a picture of Wirecard’s current business, comparing revenue, bank debt, investments and lending over time;...
Wirecard has announced that an external law firm is investigating accounting manipulations by a member of the company’s finance team...
This week, we consider the impact of financial infrastructure collapse and who really gets hurt through the lens of Wirecard, Enron, and Lehman Brothers. Yes, there are investors in the entity that will lose value. But there are also clients and counterparties of Wirecard, like Curve, Revolut, and Crypto.com. In the case of Lehman, there was a $40 trillion derivatives notional amount that took twenty years to wind down. We also consider the most recent $500,000 hacking in DeFi of an automated market maker to see if there are common threads to be drawn between the two worlds.
The European Commission’s EVP for Economic Policy, Valdis Dombrovskis, said the Wirecard scandal has helped to galvanize the effort to...
Clearbanc just launched a valuation tool that its cofounders are calling a credit score for startups. Here’s what entrepreneurs need...
The saga of embattled German fintech Wirecard has entered a predictable new phase; the digital payments company has filed for...
In an interview with Karen Webster, the CEO of PYMNTS.com, the managing director of Wirecard North America, Deirdre Ives, discusses...