Thursday, 24 September 2020

Wirecard left a $30B hole in European fintech — can Dutch startups fill the gap?


Three months have passed since Wirecard’s implosion, and while authorities continue to piece together exactly how much of the German payments processor actually existed, EMEA investors might be wondering: who will replace Wirecard, and how can I buy that company’s stock? The Netherlands plays host to a number of apparent alternatives. For one, there’s Adyen, the Amsterdam-based payments provider. Adyen is a publicly traded stock, and its share price is up a teeth-grinding 112% this year. There’s also fellow Amsterdam native Mollie, which just reached unicorn status with its latest $106 million funding round. Mollie is still a private company,…

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