Wirecard Signs Cooperation Agreement With Softbank`s Brightstar

“We look forward to working with Brightstar and exploring areas related to digital payment and financing where we can work together strategically,” added Georg von Waldenfels, PPE Business Development Group at Wirecard. “Together, we expect a multitude of new solutions in the global mobile market, and we expect a significant volume of transactions from this transaction.” “We look forward to working with Wirecard, a company that complements our global reach and digital innovation ambitions. The two companies are proactively exploring opportunities for cooperation, it was said. Last month, the German financial services provider teamed up with bookseller and news company WHSmith to expand its digital payment opportunities in e-commerce. ASCHHEIM, Germany, September 2, 2019 /PRNewswire/ — Wirecard, the world`s leading innovation in digital financial technology, and Brightstar, a global leader in Device Lifecycle Management, have signed a Memorandum of Understanding (MEMORANDUM of Understanding, MOU) to cooperate in the areas of consumer digital credit, payment processing and card issuance. Wirecard (GER:WDI) is one of the world`s fastest growing digital financial trading platforms. We offer business customers and consumers an ever-growing ecosystem of real-time value-added services, based on innovative digital payments, using an integrated B2B2C approach. This ecosystem focuses on payment and risk, retail banking and transaction, loyalty and couponing, data analytics and conversion improvement across all distribution channels (online, mobile, ePOS). Wirecard operates regulated financial institutions in several key markets and licenses all major payment and card networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060).

Visit us on www.wirecard.com, follow us on Twitter @wirecard and on Facebook @wirecardgroup. – Cooperation will enable consumers to improve their smartphones more quickly “The strategic partnership under the cooperation agreement will make it easier for both companies to track global growth prospects and synergies, including through the SoftBank ecosystem in digital financial services, data analytics and artificial intelligence, as well as SoftBank`s support for Wirecard`s planned geographic expansion to Japan and South Korea.” Brightstar Media Contact:Email: media@brightstar.com BERLIN (Reuters) – Wirecard has signed a Memorandum of Understanding with SoftBank`s Brightstar and expects a “significant transaction volume” of the deal, as announced by German fintech on Monday. ASCHHEIM, Germany, 18. September 2019 /PRNewswire/ — Wirecard AG (Wirecard) and a subsidiary of SoftBank Group Corp. (SoftBank) signed the final documents relating to the issuance and underwriting of the Wirecard convertible bond and the Strategic Cooperation Agreement on April 24, 2019, following The Wirecard Agreement and the execution of the rendezvous sheet and agreement between Wirecard and SoftBank`s subsidiary on April 24, 2019.