Daily Fintech Conversations

Wirecard's $2 billion disappearing act

Originally published at: https://dailyfintech.com/2020/06/29/the-2-billion-disappearing-act/

  On January 7th, 1918 Harry Houdini performed his “Vanishing Elephant” illusion where he was able to make a 5 ton elephant disappear before the eyes of a packed theatre in New York. But what Wirecard to pull off, even Houdini couldn’t have managed. Wirecard is a payment processor. Their mantra was simple, to build…