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Wirecard starts partnership with AUTO1 Group

Thursday 18 July 2019 | 11:32 AM CET

Wirecard has entered into a strategic partnership with AUTO1 Group, the agreement being fostered through SoftBank’s existing partnership with Wirecard and AUTO1 Group.

The partnership will cover several products in the area of digital financial services. Germany-based AUTO1 Group developed a fully digital platform that enables both private customers and professionals to trade cars in a streamlined way throughout Europe. AUTO1 Group offers several additional digital services along the value chain of car trading, and it has a car stock of more than 30,000 vehicles, with more than 1 million private customers.

Wirecard and AUTO1 Group will further develop digital financial services together, offering consumers services via boon, Wirecard’s consumer payment and banking platform, while professional partners will benefit from the partnership via AUTO1 Fintech, AUTO1 Group’s digital loan specialist unit.

Earlier in 2019, Wirecard has launched its new prototype of a Smart Mirror, an intelligent mirror through which consumers can also pay. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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