Banco Santander has closed an agreement to acquire several specialized technological assets of the bankrupted payment solution provider Wirecard.
Jan Marsalek, who was Wirecard’s chief operating officer, is one of the current world's most wanted men. He is now supposed to be in Russia, in a GRU safehouse west of Moscow, after Bellingcat reported he was present in Minsk two days ago.
The Financial Conduct Authority (FCA) has imposed a number of requirements on payment processor Wirecard.
Wirecard’s former CEO, Markus Braun has been arrested on suspicion of false accounting and market manipulation and Wirecard is filing for insolvency.
Wirecard is a German payments company and its shares have fallen by more than 60% after the firm said its auditors from Ernst & Young had raised questions over cash balances worth €1.9bn last week.
Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.
Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.