Wirecard was founded in 1999 and took care of the technical processing of credit card payments for online vendors. According to the Spiegel, it initially "consisted primarily of porno and gambling sites". [13] . In 2002, when it was close to folding at the end of the dot-com bubble, Markus Braun injected capital and joined as CEO.

Jun 25, 2020 · 1999 Wirecard is founded in a Munich suburb, backed by venture capital in the late stages of the dotcom boom. A payment processor, it helps websites collect credit card payments from customers.

The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany.

Jun 26, 2020 · The Financial Times put together a detailed timeline of Wirecard’s history as they rose to be considered one of the top fintechs in Europe while always battle allegations of fraud; the company was born towards the end of the dotcom boom and almost went bust in the early 2000’s; Markus Braun, a former KPMG consultant, took over as chief ...

May 19, 2021 · Before its collapse, Wirecard was a leading global digital payments firm with operations across five continents. Freis, a CFA charterholder with extensive experience in legal and compliance functions, was due to join Wirecard’s management board in order to help professionalize the company.

In June 2020, he joined Wirecard AG, where he is credited for promptly substantiating and initiating actions to stop the largest financial fraud in Germany's modern history, known publicly as the Wirecard scandal. [3] Since 2021, he has been active with fintech and startup companies. [4]

Jun 19, 2020 · Digital financial commerce platform Wirecard reported on Thursday it could not locate $2.1 billion, leading long-time CEO and founder Markus Braun to resign.

Mar 16, 2021 · Payments firm Wirecard collapsed last year in Germany's biggest post-war fraud scandal. A parliamentary inquiry is in progress, with German Chancellor Angela Merkel and Finance Minister Olaf...

Jan 21, 2025 · Wirecard has 6 institutional investor s including Demtech, SoftBank Group and European Union. Founder? Claim Profile. Who is the current CEO of Wirecard? Markus Braun is the CEO of Wirecard. Who are the competitors of Wirecard? Top competitor s of Wirecard include PayPal, Stripe and Ant Group.

Mar 25, 2019 · Deutsche Bank is the source of a €150m loan to Markus Braun, Wirecard’s founder, with Germany’s largest lender accepting as collateral almost half his shares in the controversial payments...