SoftBank will invest 900 million euros into German fintech firm Wirecard, as part of a strategic partnership on digital payments.
SoftBank will invest 900 million euros into German fintech firm Wirecard, as part of a strategic partnership on digital payments.
The notes will convert to an almost 6% stake in the firm. The deal is still subject to the approval of Wirecard shareholders. "In SoftBank we have found a partner that shares both our passion for new technologies and drive to spearhead the latest innovations, all on a global scale," Wirecard Chief Executive Markus Braun said in a statement.
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