Wirecard and Rocket Internet enter strategic partnership

Source: Wirecard

The technology services provider Wirecard AG has finalised a cooperation agreement with Rocket Internet AG.

Using Wirecard's global multi-channel platform, Rocket Internet's online companies will be able to offer international payment acceptance, acquiring and payment processes with the corresponding fraud prevention solutions. The Wirecard Bank holds a full German banking licence, and their innovative banking services are also included within the scope of the agreement.

Oliver Samwer, Founder and CEO of Rocket Internet, commented: "We aim to become the world's largest Internet platform outside the United States and China. In order to achieve this, we need reliable and responsive partners who share the same drive and global approach as we do. That is why Wirecard is the perfect match for us as they react quickly to our needs and provide fast mobile and online-based payment solutions for the different markets we operate in."

Wirecard Board Member Burkhard Ley offered his views on the partnership, saying: "Our business models complement each other exceptionally well. Rocket Internet is the ideal partner for us on account of their global outlook and substantial client base for online business. The partnership opens the market up to us in attracting an even greater number of potential customers around the world."

The Wirecard Group is further expanding its position as one of the leading providers of payment solutions through the strategic collaboration with Rocket Internet

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