News

August 20, 2020

Exclusive: Wirecard UK to be bought by Railsbank after downfall of parent company

The UK subsidiary of the discredited German fintech is being scooped up for an undisclosed amount


Isabel Woodford

3 min read

Disgraced German payment group Wirecard has found a buyer for its UK division in competitor Railsbank, Sifted has confirmed.

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Railsbank Founder and CEO, Nigel Verdon
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