|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||159.03 - 164.96|
|52 Week Range||101.00 - 227.58|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||49.47|
|Forward Dividend & Yield||0.23 (0.13%)|
|1y Target Est||N/A|
SoftBank cut its exposure to Wirecard this week within hours of signing a strategic tie-up with the German payments company, in a move that could net the Japanese conglomerate a big profit while taking little risk. SoftBank did not purchase a stake in Wirecard, however. Wirecard’s shareholders gave final approval to the transaction on Wednesday, while also formally signing a “strategic cooperation agreement” with SoftBank.
ASCHHEIM, Germany, Sept. 18, 2019 /PRNewswire/ -- Wirecard AG (Wirecard) and a subsidiary of SoftBank Group Corp. (SoftBank) have signed the final documents for the issue and subscription of the Wirecard convertible bond and the strategic cooperation agreement, in each case following Wirecard's shareholder approval and the execution of the term sheet and memorandum of understanding between Wirecard and the SoftBank subsidiary on 24 April 2019.
ASCHHEIM, Germany, Sept. 16, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, has signed an MoU with UnionPay, the world's largest card scheme, to form a global strategic partnership. The agreement will support UnionPay's ongoing international expansion and Wirecard's growth in China and with Chinese businesses.
Nowhere else in the economy are these themes of speed and reliability more highly prized than among small- and medium-sized business owners. In the 2019 edition of its annual Small Business Credit Survey, the Federal Reserve found that a lender’s speed of decision-making and business owners’ perception that their funding requests would be met were far-and-away the top reasons driving applications for financing to online lenders. Just this week, small business lender Credibly announced a partnership with Wirecard (OTCMKTS: WCAGY), a leading issuer of payout cards, aimed at further improving the speed at which applicants can be approved for and receive financing.
ASCHHEIM, Germany and CONSHOHOCKEN, Philadelphia, Sept. 11, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, and Credibly, a US-based business funding fintech, have launched a new collaboration to digitalize Credibly's funding disbursements. Wirecard is one of the largest issuers of payout cards in the US and now offers fully digitalized solutions, complete with a mobile app for users to track their balances and payment activities. Within the scope of the partnership, Wirecard will enable Credibly to issue working capital to its customer base on both physical and digital cards, improving funding speed via virtual wallets and offering a choice of payment methods to Credibly's growing customer base.
● Rentokil dipped on competition worries after US-listed peer ServiceMaster expanded its European operations with the purchase of Nomor, the continent’s fourth-biggest pest control company. ServiceMaster agreed to pay $200m for Nomor, which has operations in Norway that overlap Rentokil’s business. The US company has also agreed to buy some UK pest control assets from Rentokil that were for sale to appease the Competition and Markets Authority.
- Since the start of their collaboration in 2017, Wirecard has enabled AFFINBANK to roll out their "digital first" strategy by providing mobile payment, e-commerce and point-of-sale solutions ...
ASCHHEIM, Germany, Sept. 4, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, is expanding its partnership with Mizuho Bank, Ltd., a leading global financial institution. The scope of the expansion includes a significant geographic extension, a collaboration on new payout products, and joint digital payment solutions.
Wirecard has signed a memorandum of understanding with SoftBank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday. Under the agreement, digital financial services via a Brightstar platform are expected to be handled by Wirecard as the preferred payment service provider, Wirecard said. The company said that its strategic partner SoftBank introduced it to its U.S.-based unit Brightstar, which provides wireless telecommunications solutions for logistical services and supply chain management.
Wirecard has signed a memorandum of understanding with Softbank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday. Under the agreement, digital financial services via a Brightstar platform are expected to be handled by Wirecard as the preferred payment service provider, Wirecard said. The company said that its strategic partner Softbank introduced it to its U.S.-based unit Brightstar, which provides wireless telecommunications solutions for logistical services and supply chain management.
Moody's Investors Service ("Moody's") has today assigned a first-time Baa3 long-term issuer rating to the German payment solution provider Wirecard AG (Wirecard). Moody's has also assigned a Baa3 rating to Wirecard's E500 million announced senior unsecured notes.
ASCHHEIM, Germany, Aug. 29, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, is collaborating with WHSmith, a leading global retailer in news, books and convenience for the world's travelling customer. The two companies are working together to expand WHSmith's digital payment acceptance capabilities for e-commerce as well as at the POS, thus furthering the retailer's digital journey. With over 1,600 stores across the world in airports, hospitals, train stations and highway service areas, as well as on most UK high streets, WHSmith is a globally recognized brand for the world's travelling customer.
ASCHHEIM, Germany, Aug. 27, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, and emonvia, which was founded as a joint venture by one of Germany's largest energy providers, N-Ergie AG, are cooperating in the field of e-mobility. Together, the companies are launching charge@work, a secure and sustainable all-in-one charging solution for company car parks.
ASCHHEIM, Germany, Aug. 23, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, has signed an agreement with SunExpress, a joint venture of Lufthansa and Turkish Airlines, to process credit card payments in local travel agencies. The collaboration adds to the list of over 90 clients which Wirecard is already working within the airline sector, processing both online and in-person payments.
- Wirecard will explore ways to enable OYO with innovative digital financial services and solutions including payment acceptance, credential issuance and payments technology - The collaboration would span ...
ASCHHEIM, Germany, Aug. 16, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, automatically offers all new customers a fast track to PSD2 onboarding via its digital Financial Commerce Platform. From 14 September 2019, new rules will apply in the European Union that stipulate that every online payment or banking user must authenticate himself twice (3D Secure 2): this is a combination of knowledge such as a password or PIN, items in his personal possession such as a credit card, or biometrics such as his own fingerprint. Wirecard supports its corporate customers in this transition and also offers a Fast Track PSD2 Onboarding Service for all new customers.
- Wirecard's new mobile app benefits payout solution users and corporate customers alike - Clients of the solution are for example Mary Kay, Liberty Mutual, WestJet and Isuzu Trucks - Main features include ...
- Consolidated revenues increased by 36.7 percent - EBITDA increased by 35.8 percent - Earnings after tax + 50.7 percent - Free cash flow + 48.5 percent - EBITDA 2019 guidance increased - Vision 2020 ...