Cross Border Licenses news and trends

Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses

November 05, 2019
Quick Reads
Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses

November 05, 2019
Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the deal is closed, Wirecard will hold 80 percent of the shares in AllScore. There is a call option that will enable Wirecard to acquire the remaining 20 percent of shares […]