Factbox: German payments firm Wirecard goes from boom to bust

Factbox: German payments firm Wirecard goes from boom to bust

Factbox: German payments firm Wirecard goes from boom to bust* Founded in 1999, Munich-based Wirecard has 5,800 employees in 26 countries around the world. * Wirecard’s expansion was driven by its long-serving chief executive and leading shareholder Markus Braun, an Austrian who led the company since 2002 until he resigned last Friday. * In Feb. 2019, Singapore police said they were looking into reports by the Financial Times of alleged financial irregularities at Wirecard’s local office, allegations that had driven its shares sharply lower.