SoftBank to end Wirecard partnership.

BANKING AND CREDIT NEWS-July 2, 2020--SoftBank to end Wirecard partnership

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Global Banking News - 02 July 2020

Japanese technology conglomerate Softbank has announced plans to end its partnership with German firm, Wirecard.

The Japanese firm is said to be considering moves to distance itself from Wirecard after it had helped to arrange a USD1bn investment in its business. Arranging funds for the payment firm had been easy for Softbank, because Wirecard was very popular in the fintech space in Germany until...

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