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The Daily Insight

Who bought Wirecard?

Author

Emma Newman

Updated on March 27, 2026

LONDON (Reuters) - Convertible bonds that were part of a complex transaction that allowed Japan's SoftBank Group (9984. T) to buy a stake in now-collapsed payments company Wirecard and then de-risk the transaction have been put up for sale in an auction.

Regarding this, is wirecard being bought?

Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech. Railsbank, the UK startup backed by Visa and others that offers a range of financial and banking services by way of a set of APIs, has agreed to purchase Wirecard Card Solutions.

Subsequently, question is, who used Wirecard? Wirecard is most often used by companies with 10-50 employees and 1M-10M dollars in revenue. Our data for Wirecard usage goes back as far as 4 years. If you're interested in the companies that use Wirecard, you may want to check out PayPal and Stripe as well.

Additionally, is wirecard still in business?

Wirecard is still continuing its business activities despite filing for insolvency.

What bank is Wirecard?

As a fully licensed German bank within the Wirecard Group, the Wirecard Bank offers innovative products and services for both business and private customers.

Related Question Answers

Does wirecard have a future?

However, the long-term outlook for Wirecard shares is not good. But the stock will remain tradable for the foreseeable future nonetheless. Therefore, so long as the payments provider presents its 2020 results next year, it will remain a fixture on the Frankfurt Stock Exchange.

Will a wirecard survive?

One thing we know for certain amid the current uncertainty is that Wirecard is still operational. The management has applied for insolvency but stressed that a 'continuation' is in the 'best interests' of the company's creditors.

What happens to Wirecard?

Wirecard, which offered electronic payment transaction services, risk management as well as physical and virtual cards, collapsed on June 25, owing creditors more than €3.5 billion (almost $4 billion) after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud.

How big is Wirecard?

The transaction volume in 2018 was US$125 billion.

Can I transfer money from Wirecard to bank account?

worldwide in real time

Wirecard offers different online bank transfer options on a single platform, which only has to be integrated into your payment page once, a process which is very easy to complete. Transaction costs are extremely low and you will receive immediate payment confirmation in real time.

Is wirecard safe to use?

Wirecard Card Solutions said that after “intensive work” with the regulator the FCA was satisfied that its client money is safe.

How many employees does Wirecard have?

5,300 June 2019

How do I buy Wirecard shares?

Create an IG trading account or log in to your existing account. Enter 'Wirecard' in the search bar and select it. Choose your position size. Click on 'buy' or 'sell' in the deal ticket.

When was wirecard founded?

January 1, 1999, Munich, Germany

What went wrong Wirecard?

On June 16, two Philippine banks disclosed that documents provided by Wirecard to authorities to support €1.9 billion in cash balances were “spurious” (fake). Two days later, Wirecard announced that the €1.9 billion is “missing.”

Can I use Wirecard at ATM?

Wirecard Bank is under no obligation to accept an application for a card. The Card and the PIN shall be sent to the cardholder by post. The Card and the PIN are sent separately. If the PIN is entered wrongly three times in succession the Card can no longer be used at automatic telling machines (ATMs).

Where is wirecard located?

Conshohocken