A result of the balance of scandal: a race to the Wirecard components

After the announcement of the insolvency administrator, that Wirecard could possibly be in individual parts and sold, divided, is associated with the first pote

A result of the balance of scandal: a race to the Wirecard components

After the announcement of the insolvency administrator, that Wirecard could possibly be in individual parts and sold, divided, is associated with the first potential buyers interested. Wirecard was considered for years as a promising technology leader; at least parts of the fallen group could be of use to competitors, and other investors are interesting.

Tim Kanning

editor in the economy.

F. A. Z.

Henning Peitsmeier

economic correspondent in Munich.

F. A. Z.

especially in the core business with the settlement of payments in the trade and in the online business is considered to be interesting, and here especially the European parts. "Every European Bank with growth ambitions has, would be negligent if you would not look at this business," says a connoisseur in the Bank scene, which will not appear by name in the newspaper. Especially the two Spanish houses, Santander and BBVA, the Italian Unicredit he sees as a possible buyer. For direct competitors such as the Dutch payment service provider Adyen appeared approach him more interesting, directly to the unsettled, Wirecard customers.

the Deutsche Bank is considered as a possible interested party. It was only recently, as the F. A. Z. reports, in the business of Wirecard penetrated by you with the payment processor, First Data POS terminals for German retailers have to offer. The acquisition of the Wirecard technology together with their customers they could make in the field, a great leap forward. There is disagreement, however, on the one hand how good and unique the technology of Wirecard, and how could one ensure that the customer mitzögen also.

"no one wants to be the legal successor of the Wirecard"

a Great interest is also attributed to the Wirecard competitors Worldline. The French payment processor, which is also active in Germany, should have been early reported in Aschheim. He could be trying to lure German customers on its own platform, if the dealer should in this country have to Provide, your payment could come through the insolvency of Wirecard to a Standstill. A single has already been purchased at the beginning of this year in France, the competitor Ingenico for nearly eight billion euros. The two French companies have risen by the largest payment service providers in Europe.

Date Of Update: 01 July 2020, 12:21