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Wirecard AG
Einsteinring 35
Phone: +49 8944241200p:+49 8944241200 ASCHHEIM, 85609  Germany Ticker: WDIWDI

Filed for Insolvency on 6/25/2020
On 6/25/2020, the Management Board of Wirecard AG filed an application for the opening of Insolvency Proceedings for Wirecard AG with the competent Munich Local Court due to the threat of insolvency and over-indebtedness.
On 4/8/2021, Wirecard AG filed a Chapter 15 Bankruptcy Petition (21-10936) in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania (Philadelphia) to gain the recognition and protection of the US Court for its foreign proceeding.

Business Summary
Wirecard AG is a Germany-based provider of electronic payment and risk management applications with focus on the development and provision of technologies and services for payment transactions. It operates through three segments: the Payment Processing and Risk Management (PP&RM) segment, which accounts for all products and services for electronic payment processing and risk management; the Acquiring & Issuing (A&I) segment, which comprises the activities of Wirecard Bank AG, including credit card issuing and credit card sales revenues statements for online and terminal payments, as well as offers processing of clients' payment transactions via accounts kept with Wirecard Bank AG, and the Call Center & Communication Services (CC&CS) segment, which offers all products and services related to call center-supported relationship management of corporate and private customers, including after-sales service and mailing activities, among others.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-YesYes--

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201912/31/2018Yes-Yes--

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Supervisory Board ThomasEichelmann 54 1/10/2020 1/1/2019
Chairman of the Management Board, Chief Executive Officer, Chief Technology Officer MarkusBraun 50 1/1/2002 1/1/2002
Independent Deputy Chairman of the Supervisory Board StefanKlestil 52 1/1/2019 12/1/2009
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Wirecard Bank AG Einsteinring 35 Aschheim Germany
Wirecard Technologies GmbH Einsteinring 35 Aschheim Germany
WIRECARD ROMANIA S.A. VASILE MILEA 2H BUCHAREST RO
9 additional Subsidiary records available in full report.

Business Names
Business Name
0O8X
AllScore Payment Services
Citi Prepaid Card Services
30 additional Business Names available in full report.

General Information
Number of Employees: 5,685 (As of 9/30/2019)
Outstanding Shares: 123,565,586 (As of 9/30/2019)
Shareholders: 1,762
Stock Exchange: HAM
Fax Number: +49 8944241500


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Saturday, March 23, 2024