German watchdog under fire as Wirecard files for insolvency
By Sunniva Kolostyak
Wirecard has filed for insolvency one week after the reveal of a €1.9 billion hole in its cash accounts – a wake-up call for regulators in Germany, according to Finance Minister Olaf Scholz. The collapse of the payments FinTech has left creditors being owed almost $4 billion. According to a Reuters report, the German Finance […]
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