Skandal! A payments pioneer, a stock market darling and a German answer to Silicon Valley
Issue 385 | 17 September 2022
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 investors, a fintech giant that was the country’s answer to Silicon Valley.
Then Dan McCrum from the Financial Times exposed a different story with intimidation, surveillance and conspiracy theories.
The film, the interview, the blog and the book
Here’s our round up of the film released by Netflix yesterday (16 September 2022), the interview with Chris Skinner, the blog by Dan McCrum together with Dan’s excellent book.
The film: Skandal! Bringing down Wirecard
The Interview: Skandal! The story of Wirecard
Interview with Chris Skinner: Skandal! The story of Wirecard
The blog: Wirecard and me: Dan McCrum on exposing a criminal enterprise
The book: Money Men
Book: Money Men
The newsletter: Payments:Unpacked
Payments:Unpacked is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Why not subscribe to the premium edition?
In addition to the thousands of weekly readers of the free edition of Payments:Unpacked many readers benefit from the premium edition of the newsletter.
The premium edition of Payments:Unpacked provides exclusive payment insights, industry and regulatory roundups, analysis of the UK’s key payment schemes, hot topic briefings and unpacks payment fundamentals.
Why not support Payments:Unpacked and join the ranks of the premium edition? We’ve made this super easy by offering Direct Debit subscriptions.
Subscribe by Direct Debit for just £5 a month:
or grab an annual Direct Debit subscription for £50 a year and save 17%: