What Does Wirecard Do?

Total employees5995
HeadquartersAschheim
Founded1999

Wirecard AG was a German payment processor and financial services provider. Headquartered in Aschheim, Germany, the company offered electronic payment transaction solutions, risk management, and physical/virtual card issuing services globally. At its peak, Wirecard was a member of the DAX stock market index. However, in June 2020, the company became embroiled in a massive accounting scandal, revealing that €1.9 billion in cash purportedly held in trustee accounts likely never existed. This led to the company's insolvency, the arrest of its CEO, Markus Braun, and a significant impact on the German financial market and its regulators. Its core business assets were subsequently sold off.

Where Is Wirecard's Headquarters?

Wirecard officeWirecard officeWirecard officeWirecard office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the central hub for global operations, strategic decision-making, technology development, and administrative functions before its collapse.

Notable Features:

A modern office complex in a business park, reflecting its image as a technology-focused company. The building itself was not architecturally unique but was a significant corporate presence in Aschheim.

Work Culture:

Prior to the scandal, Wirecard aimed to project an image of a fast-paced, innovative fintech leader. However, subsequent investigations and whistleblower accounts suggested a high-pressure environment, with internal criticisms often suppressed, particularly regarding accounting practices.

HQ Significance:

The Aschheim headquarters was symbolic of Wirecard's rise to become a DAX-listed company and a supposed European fintech champion. Its subsequent emptiness and the investigations centered there now symbolize one of Germany's largest post-war corporate frauds.

Values Reflected in HQ: Ostensibly, the headquarters was meant to reflect innovation, technological advancement, and global reach. In retrospect, it became a focal point for investigations into corporate deceit and failed oversight.

Location:

Before its insolvency, Wirecard claimed a significant global footprint, with offices and operations spanning Europe (Germany, Ireland, UK), Asia-Pacific (Singapore, India, Australia, Philippines), the Middle East (Dubai), North America (USA, Canada), and South America. These international entities supported a wide range of functions including sales, customer support, technology development, and payment processing. However, many of these international operations, particularly in Asia and the Middle East, were later found to be central to the accounting fraud.

Street Address:

Einsteinring 35

City:

Aschheim

State/Province:

Bavaria

Country:

Germany

Where Else Does Wirecard Operate Around the World?

Dubai, UAE

Address: Al Fattan Currency House, Dubai International Financial Centre (DIFC) (Specific office number not readily available)

Managed payment processing services, client relations, and business development for the MENA region. It was also a key node in the complex web of third-party acquirers that featured prominently in the fraud.

Singapore

Address: 1 Fusionopolis Place, #09-10 Galaxis (Example of a known past address)

Focused on expanding Wirecard's payment solutions, digital banking, and merchant services across the diverse APAC market, including partnerships and local integrations.

Dublin, Ireland

Address: The Observatory, 7-11 Sir John Rogerson's Quay (Example of a known past address)

Key for issuing prepaid cards and managing e-money services across Europe, leveraging Ireland's regulatory environment for financial services.

Buying Intent Signals for Wirecard

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Wirecard? Meet the Executive Team

As of April 2025, Wirecard' leadership includes:

Markus Braun - Former Chief Executive Officer (CEO)
Jan Marsalek - Former Chief Operating Officer (COO)
Alexander von Knoop - Former Chief Financial Officer (CFO) (appointed April 2018)
Susanne Steidl - Former Chief Product Officer (CPO)
James Freis - Interim CEO (appointed June 2020, for a very short period before insolvency)

Who's Investing in Wirecard?

Wirecard has been backed by several prominent investors over the years, including:

SoftBank Vision Fund (made a significant convertible bond investment in 2019)
Various major institutional investors (e.g., BlackRock, DWS, Union Investment - holdings fluctuated)
Retail investors (significant portion, especially in Germany)
Founders and early investors (e.g., Markus Braun)

What Leadership Changes Has Wirecard Seen Recently?

Hire1
Exits3

The 12 months leading up to and immediately following June 2020 were tumultuous for Wirecard's executive team, primarily characterized by high-profile exits and arrests related to the accounting scandal. There were few, if any, significant 'hires' in the traditional sense during the company's collapse, aside from crisis management roles or insolvency administrators.

Departures

Markus Braun, Resigned as CEO and was subsequently arrested.
Jan Marsalek, Dismissed from his role and became a fugitive.
Alexander von Knoop, Contract terminated during insolvency proceedings.

New Appointments:

James Freis, Briefly appointed as interim CEO following Markus Braun's resignation, just before the company declared insolvency.
Michael Jaffé, Appointed by the Munich court to manage Wirecard's insolvency proceedings.

What Technology (Tech Stack) Is Used byWirecard?

Discover the tools Wirecard uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Wirecard Email Formats and Examples

Wirecard, like many German and international corporations, likely utilized standard email formats. The most common formats were variations of [first_name].[last_name]@wirecard.com or [first_initial][last_name]@wirecard.com. These emails are no longer active due to the company's insolvency.

[first].[last]@wirecard.com or [f][last]@wirecard.com

Format

markus.braun@wirecard.com (historical example, inactive)

Example

0 (The company is defunct, and these email addresses are no longer operational)%

Success rate

What's the Latest News About Wirecard?

ReutersJune 25, 2020

Wirecard files for insolvency, marking crescendo of scandal

German payments company Wirecard filed for insolvency on Thursday, owing creditors almost $4 billion after disclosing a 1.9 billion euro ($2.1 billion) hole in its accounts that its auditor EY said was the result of a sophisticated global fraud....more

Financial TimesJune 22, 2020

Wirecard says €1.9bn missing cash ‘does not exist’

Wirecard admitted that €1.9bn of cash on its balance sheet probably does “not exist”, deepening a crisis that has rocked the German payments company. The group also said it was withdrawing its financial results for 2019 and the first quarter of 2020....more

Associated PressJanuary 25, 2023

Wirecard trial: Ex-CEO denies wrongdoing as testimony opens

The former CEO of German payment service provider Wirecard, Markus Braun, denied accusations of fraud and embezzlement as he opened his testimony at his trial over the company’s spectacular collapse....more

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