This file photo taken on September 18, 2018 shows the company logo at the headquarters of the technology and financial services company Wirecard in Aschheim near Munich, southern Germany. – German financial supervisor Bafin told AFP on April 16, 2019 it had filed charges with Munich prosecutors over alleged manipulation of financial technology firm Wirecard’s share price involving short-selling. AFP FILE PHOTO
BERLIN — Japan’s Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, or a stake of about 5.6 percent, Wirecard announced Wednesday.
Wirecard, which specializes in , also announced the signing of a strategic partnership with Softbank, a technology and investment giant, to accelerate its development in Japan and South Korea.
Latest news: Wirecard and intend to form large-scale strategic partnership for payment solutions.
— Wirecard (@wirecard)
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