Profits and questions grow fastĢ015 The Financial Times begins to publish its House of Wirecard series on FT Alphaville, raising questions about inconsistencies in the group’s accounts. Investors are drawn to Wirecard’s rapid growth and claims of superior payments technology. It buys up obscure payments companies across Asia in a series of oddly structured deals, starting in Singapore, which becomes its headquarters in the region. They tell staff that Wirecard has global aspirations, so the company will operate in English and plot an international expansion.Ģ011 to 2014 Wirecard raises €500m from shareholders and goes on a shopping spree. The FT Alphaville series that first questioned Wirecard’s accounting practicesĢ010 Jan Marsalek, a young protégé of Markus Braun and a fellow Austrian, is appointed chief operating officer.
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