Disgraced German payment group Wirecard has found a buyer for its UK division in competitor Railsbank. Wirecard Card Solutions once settled card payments for 70 fintech clients including Revolut, Pockit, Soldo and Curve.
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Exclusive: Wirecard UK to be bought by Railsbank after downfall of parent company
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“A large number of investors from all over the world have already contacted us who are interested in acquiring the core business or the independent and successfully operative business divisions,” Michael Jaffé, the insolvency administrator, told The Wall Street Journal in July.
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