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Tag: wirecard

Clover Health: How the “King of SPACs” Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation

(NASDAQ:CLOV) Today, we reveal how Clover Health and its Wall Street celebrity promoter, Chamath Palihapitiya, misled investors about critical aspects of Clover’s business in...

The Market Needs Crypto Cards For Daily Purchases, Not Another Wallet For Coins

Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among the crypto assets holders, not everyone can boast of having one. Why does the popularity of crypto cards lag behind […]

Contactless payments market to reach US$ 26.3 billion by 2027

The global contactless payments market is expected to surpass US$ 26.3 Billion by 2027 end, registering a CAGR of 12.9% during the forecast period of...

Crypterium Makes Crypto Virtual; ndgit and Entersekt Partner on Open Banking

Crypterium Launches Virtual Card Earlier this month at FinovateFall Digital, it was heartening to hear a number of fintech founders and CEOs...

Wirecard Scandal Exposed Chinks in UK Safeguarding Rules

The accounting scandal at German payments company Wirecard shook the global fintech sector this summer, but it also had a tangible impact on...

ASX-listed fintech to buy Wirecard

An ASX-listed fintech has launched a capital raising to acquire Wirecard’s Australia and New Zealand business.Change Financial, a US-focused fintech company, announced...

Neon raises $300m in Series C funding to offer underbanked credit

Brazilian fintech Neon Pagamentos has raised $300 million in a Series C funding round led by equity firm General Athletic. Neon has raised $420...

Will Offshore on Thames (London) become the Fintech capital of the world?

I am a Brit, but I have lived all over the world and now call Switzerland home. I think Brexit was a...

Wirecard’s UK subsidiary WCS confirms Railsbank deal

Wirecard, the insolvent German paytech, has announced the sale of its UK subsidiary, Wirecard Card Solutions (WCS), to London-based banking-as-a-service (BaaS) provider Railsbank. The...

Disgraced German payments startup Wirecard goes bust; plans to sell assets to London-based Railsbank

The last time we wrote about Wirecard was back in April 2019 after SoftBank invested $1 billion for a 6% stake in the...

YFI surges to $38K, BTC comeback predictions, Ryanair CEO’s fury: Hodler’s Digest, Aug. 24–30

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. Top Stories This WeekYFI price...

Wirecard scandal fallout sees 50% of German staff laid off

Wirecard has announced it will lay off 730 out of its 1,300 staff in Germany following a $2.1 billion scandal that left the...

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