Wirecard shares tanked 70% on Thursday to below €4, having been above €100 last Wednesday Wirecard AG has filed for insolvency after directors could not say that…
The departure of the German payment group’s CEO comes a day after auditor EY said it would not sign off the accounts due to €1.9bn of cash…
Wirecard’s former chief executive Markus Braun, who resigned last week, has been arrested in Germany after €1.9bn was found to be missing from the company’s balance sheet. The Munich prosecutor’s…
Liting of the suspension has allowed customers of Morses Club’s U Account to get access to their cash again The suspension of Wirecard’s UK business has been lifted…
The German payments processor has provided the financial backbone for countless fintech companies including Monzo, Revolut, Loot, Curve, Funding Circle and Atom Auditor EY has refused to sign off the…
The German payments group said it was withdrawing its preliminary results for 2019, its first-quarter results for 2020, its outlook for 2020 and its Vision 2025…