INGIF - Wirecard: High-Growth Company With Bad News And A Near-Recession In Germany Lead To Buy Opportunity
Wirecard (WRCDF) is a payment provider that offers customers a one-for-all solution to process payments, manage cash flow, and analyze customer behavior. Bad news around Wirecard made their stock lose nearly 41% of its value, which might have opened up a buying opportunity for long-term investors. Other articles and videos on YouTube discuss the accusation against Wirecard, and I don't intend to address those in this article. In this article, I want to present their business and provide investors a deeper understanding of their structure and strategy.
Introduction
Wirecard offers white-label electronic payment