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Payoneer was founded in 2005 with $2 million in seed funding from founder and then-CEO Yuval Tal and other private investors. 83North (Greylock Israel) [7] led an additional $4 million in funding in 2007, [8] with additional investors including Carmel Ventures, Crossbar Capital, Ping An, Wellington Management, Susquehanna Growth Equity, [7] Naftali Bennett [9] and Nyca Partners.
The Wirecard scandal ( German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany. The company was part of the DAX index. They offered customers electronic payment transaction ...
Wirecard AG is an insolvent [ 4] German payment processor and financial services provider whose former CEO, COO, two board members, and other executives have been arrested or otherwise implicated in criminal proceedings. [ 5] In June 2020, the company announced that €1.9 billion in cash was missing. It owed €3.2 billion in debt.
Jan Marsalek ( né Maršálek; born 15 March 1980) is an Austrian fugitive businessman. From 2010 to 2020, he was chief operating officer of the German payment processing firm Wirecard, which became insolvent and collapsed in 2020. Marsalek was responsible for Wirecard's business in Asia, where the company admitted that nearly € 2 billion in ...
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Markus Braun. Markus Braun (born 1969) is an Austrian tech investor, the former CEO and CTO at the now insolvent payment processor, Wirecard AG from January 2002 until his resignation and arrest in June 2020. [ 3] Braun stepped down from Wirecard amidst fraud allegations, but has denied any wrongdoing.
Global Payments Inc. Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. [ 8] In June 2021, the company was named to the Fortune 500. [ 9] The company processes payments made through credit cards, debit cards, [ 10] and digital and ...
Payment service provider. A payment service provider ( PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [ 1]