German fintech Wirecard collapses amid fraud allegations
A Bankrupt Fintech’s Big Sponsor German fintech Wirecard collapses amid fraud allegations. JULY 27, 2020 Author: MARK TOWNSEND More than 100 potential bidders lined up to acquire parts of Wirecard, Germany’s erstwhile fintech darling, which collapsed into insolvency with debts of €3.5 billion in June warning that €1.9 billion was missing from its balance sheet and […]
Payoneer acquires optile
As the world of digital payments continues to wait and see what kind of impact cryptocurrencies will have on the wider market (if any), consolidation continues apace among those that have built tools for today’s payment needs. Payoneer — a provider of cross-border payment services to millions of businesses in some 200 markets that’s valued […]