Wirecard

Aschheim, Germany Founded: 1999 • Age: 27 yrs Acquired By Adumo
Payment processing solutions are provided for businesses and merchants.
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About Wirecard

Wirecard is a company based in Aschheim (Germany) founded in 1999 was acquired by Adumo in December 2020. It operates as a Commission-Based. The company has 4,989 employees as of June 30, 2018. Wirecard has completed 10 acquisitions, including 3pay, Citi Prepaid and GI Retail. Wirecard offers products and services including Bond Management. Wirecard operates in a competitive market with competitors including Razorpay, Stripe, Square, PayPal and Flutterwave, among others.

  • Headquarter Aschheim, Germany
  • Employees 4989 as on 30 Jun, 2018
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    4989

    as on Jun 30, 2018

  • Investments & Acquisitions
    3pay

    & 9 more

  • Acquired by
    Adumo

    & 1 more

    (Dec 17, 2020)

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Products & Services of Wirecard

Wirecard offers a comprehensive portfolio of products and services, including Bond Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for managing bonds during insolvency are provided.

Funding Insights of Wirecard

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2019 Amount Post-IPO - Wirecard Valuation

investors

May, 2018 Amount Grant - Wirecard Valuation

investors

Oct, 2002 Amount Post-IPO - Wirecard Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wirecard

Wirecard has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank Group, adumo and SIBS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A technology group focused on acquiring innovative mid-market companies.
Founded Year Domain Location
Investments are directed toward multiple sectors via fund of funds.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wirecard

Wirecard has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include 3pay, Citi Prepaid and GI Retail. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Technology-enabled solutions are provided for logistics, hospitality, and financial services.
2009
Direct carrier billing provider in Turkey and Middle East
2008
Online payment APIs are integrated directly into merchant platforms.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Wirecard

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wirecard Comparisons

Employees
+
Add Comparison
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Competitors of Wirecard

Wirecard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Razorpay, Stripe, Square, PayPal and Flutterwave, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment and business banking solutions are provided for enterprises.
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment and money transfer platform for businesses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wirecard

Frequently Asked Questions about Wirecard

When was Wirecard founded?

Wirecard was founded in 1999 and raised its 1st funding round 3 years after it was founded.

Where is Wirecard located?

Wirecard is headquartered in Aschheim, Germany. It is registered at Aschheim, Bavaria, Germany.

Who is the current CEO of Wirecard?

Markus Braun is the current CEO of Wirecard.

How many employees does Wirecard have?

As of Jun 30, 2018, the latest employee count at Wirecard is 4,989.

What does Wirecard do?

Wirecard is managed under insolvency proceedings as ordered by the Local Court of Munich. The focus is on handling a EUR 500 million bond, with information provided on court decisions, capital market requirements, and press releases. Services are centered around financial obligations during insolvency in the payment processing sector.

Who are the top competitors of Wirecard?

Wirecard's top competitors include Stripe, Razorpay and PayU.

What products or services does Wirecard offer?

Wirecard offers Bond Management.

How many acquisitions has Wirecard made?

Wirecard has made 10 acquisitions, including 3pay, Citi Prepaid, and GI Retail.

Who are Wirecard's investors?

Wirecard has 5 investors. Key investors include SoftBank Group, adumo, SIBS, European Union, and Brockhaus Technologies.

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