Skandal! A payments pioneer, a stock market darling and a German answer to Silicon Valley

Issue 385 | 17 September 2022

Sep 17, 2022

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A payments pioneer, a stock market darling and a German answer to Silicon Valley - Skandal!

Wirecard was a pioneering payments processor from Munich that handled credit and debit card payments. A stock market darling that promised to make cash obsolete, the company had grown over two decades to become a member of the Dax index and, in the eyes of retail …

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