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Wirecard SG said to be looking for buyer

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Wirecard AG filed for insolvency in Germany in June after admitting €1.9 billion (S$3.1 billion) in cash was missing from its accounts. On Sept 30, MAS ordered Wirecard SG to stop its payment services operations.

Wirecard AG filed for insolvency in Germany in June after admitting €1.9 billion (S$3.1 billion) in cash was missing from its accounts. On Sept 30, MAS ordered Wirecard SG to stop its payment services operations.

PHOTO: AGENCE FRANCE-PRESSE

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Wirecard Singapore has lost a third of its staff, two months after the authorities here forced the digital payments company to cease its core business activities amid an investigation, The Straits Times has learnt.
At its peak, the company employed more than 350 people at its office on the 14th floor of Mapletree Business City, where the call centre, sales deployment team, regional commercial team and project management office are located.
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