Wirecard has a new costumer. The german home-center Segmüller will allow Wirecard to process the invoice of its customers. The cashless process will be possible with smartphone or credit card. Wirecard will not only make available the payment-technology, it will be responsible for the complete payment.
The assetts of Wirecard are falling the last weeks although the revenue of the last quarter of 2018 increases by 36% to 637,5mio€ and the profit rose by 37% to 172,9mio€.
But reports of Financial Times and various lawyers, including Hagens Berman, say that Wirecard has misleaded investors by accounting bogus deals. The police raid the bureau of Wirecard in Singapure. Wirecard denies any wrong doing.
Hagens Berman is the counsel that has indicted several consolidated companies including the german car producers in dieselgate scandal.
Meanwhile the Bafin forbid Wirecard sell off positions because the assett has become to volatile.