*** ----> Wirecard innovation team moves to Berlin-based fintech | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Wirecard innovation team moves to Berlin-based fintech

Berlin

A technology team from Wirecard, the German payments company that collapsed in June, is joining a new digital innovation unit being set up by Berlin financial technology group finleap. The move by the six-strong team headed by Joern Leogrande, head of Wirecard’s innovation labs, comes ahead of the formal opening of insolvency proceedings next month that are likely to lead to job losses at the Munich-based group.