Exclusive: Wirecard UK to be bought by Railsbank after downfall of parent company
“Disgraced German payment group Wirecard has found a buyer for its UK division in competitor Railsbank, Sifted has confirmed. Wirecard announced in June that it was unable to locate $2bn worth of cash in its trust accounts, causing the company once valued at $13bn to collapse into bankruptcy. As a result, German administrators were called […]