Wirecard
Wirecard is a European (EEA-based) fintech-infrastructure provider (Payment gateway, Issuer processing, Card issuing software). Verified at source - licence, regulator and registry reference. Defunct (fraud)
Who it's for
Wirecard is built for merchants and platforms accepting online payments with the local methods European customers expect. As an unlicensed vendor, regulatory obligations stay on the client's side.
Sovereignty profile
- Data residency (EEA): No - outside the EEA
- Company origin: EU core (Germany)
What Wirecard does
Verified licence profile
Wirecard (Germany) - former DAX-30 payments and issuing group. NB: DEFUNCT - filed for insolvency 25 Jun 2020 after EUR 1.9bn was declared 'missing' (balance-sheet fraud; CEO arrested), triggering BaFin reform (FISG 2021). Kept as a proof-of-value entry for why licence and risk transparency matter.
Verified 2026-06-26. How we verify → · Spotted something out of date? Report a correction. · Are you Wirecard? Work with us →
Timeline
- 2020-06 [status] Filed for insolvency after EUR 1.9bn declared missing (balance-sheet fraud)
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FAQ
Is Wirecard European / EEA-based?
Wirecard is EU core origin (Germany) and is not fully EEA-based; shown as a contrast/comparison.
What does Wirecard do?
Wirecard covers: Payment gateway, Issuer processing, Card issuing software. Verified at source by Fintechnologica.