Wirecard lands $1 billion investment from Japan’s Softbank

Posted by - April 24, 2019

Japan’s Softbank Group Corp will buy a 5.6 percent stake in Wirecard for around 900 million euros ($1 billion), the German company said recently, joining forces in the digital payments sector. Shares in Wirecard jumped 10 percent to the top of Germany’s blue-chip index as analysts welcomed the investment as a vote of confidence in