It was once Germany’s fintech star. Now, a missing $2 billion puts Wirecard’s future in doubt

It was once Germany’s fintech star. Now, a missing $2 billion puts Wirecard’s future in doubt

Wirecard, once hailed as the darling of Germany’s financial technology scene, is now facing a fight for survival amid scrutiny into its accounting practices.

The payments processor said Thursday, for the fourth time, that it couldn’t publish its financials for 2019. Auditors at EY couldn’t account for 1.9 billion euros ($2.1 billion) of cash on its balance sheet, it said.

Wirecard added that…

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