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It owed 3.2 billion in debt. In November 2024, the company was dismantled after it sold the assets of its main business unit to Santander Bank for 100 million. Other assets, including its North American, UK and Brazilian units had been previously sold at nondisclosed prices.
On 29 June 2024, the FCA provided written consent to allow Wirecard to resume issuing e-money and providing payment services. The restriction on activities will lift at 00.01 on 30 June 2024.
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  • Type
    Subsidiary
    Industry
    Gambling
    Founded
    1997
    Headquarters
    London, United Kingdom
    Key people
    CEO Kenneth Alexander
    Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law in August by President Jair Bolsonaro. Expectation now is that the legalization will be complete and launch in 2024.
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