Wirecard partners with Plug and Play, world's largest innovation platform

Aschheim (Munich) (ots) -

- Wirecard will join Plug and Play community, which has raised over
$7 billion in venture funding to date
- Innovation platform brings together startups, investors and blue
chip corporations globally

Wirecard and Plug and Play join forces to further advance
technology developments worldwide: the global innovation leader for
digital financial technology and the world's largest startup
accelerator, which is also the leading innovation platform, are now
partners. Plug and Play, based in Silicon Valley, brings together
startups, investors and blue chip corporations, like Wirecard, to
accelerate development and deliver ideas to market. The Plug and Play
community has raised over seven billion dollars in venture funding to
date, and has supported the launch of disruptive innovators including
Dropbox and Lending Club.

"We are constantly bringing together world-changing players who
share the same passion and drive for tech advancement and disruption
as us. Our new partnership with Wirecard will serve to expand our
already extensive network, and create opportunities for innovators of
all sizes," said Claudius Jablonka, Director of Plug and Play.

"Since our founding two decades ago, Wirecard has played an
instrumental role in the mentoring and supporting of startups - not
only in the area of digital payments, but within the whole scope of
digital financial technology," added Jörn Leogrande, EVP Wirecard
Labs. "By partnering with Plug and Play, we will be able to support
even more innovators who have an idea that, together with us, could
change the world."

As a Plug and Play partner, Wirecard will have an instrumental
role in accelerating startups, building innovation strategies, and
exploring new revenue models and product offerings. Along with
MediaMarktSaturn, Plug and Play is a founding partner of the
Munich-based Retailtech Hub, a digital innovation platform
specialized in the area of commerce. Plug and Play's wide-ranging
network is not limited to Silicon Valley, but also includes
international entrepreneurs and government relations worldwide.

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce. We provide both business
customers and consumers with a constantly expanding ecosystem of
real-time value-added services built around innovative digital
payments by using an integrated B2B2C approach. This ecosystem
concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate
enhancement in all sales channels (online, mobile, ePOS). Wirecard
operates regulated financial institutions in several key markets and
holds issuing and acquiring licenses from all major payment and card
networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX
and TecDAX, ISIN DE0007472060). Visit us on www.wirecard.com, follow
us on Twitter @wirecard and on Facebook @wirecardgroup.

About Plug and Play:

Plug and Play is a global innovation platform. Headquartered in
Silicon Valley, we have built accelerator programs, corporate
innovation services and an in-house VC to make technological
advancement progress faster than ever before. Since inception in
2006, our programs have expanded worldwide to include a presence in
over 20 locations globally giving startups the necessary resources to
succeed in Silicon Valley and beyond. With over 10,000 startups and
280 official corporate partners, we have created the ultimate startup
ecosystem in many industries. We provide active investments with 200
leading Silicon Valley VCs, and host more than 700 networking events
per year. Companies in our community have raised over $7 billion in
funding, with successful portfolio exits including Danger, Dropbox,
Lending Club and PayPal. For more information, visit
www.plugandplaytechcenter.com.

Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.: +49 (0) 89 4424 1363
Email: jana.tilz@wirecard.com

Plug and Play media contact:
Plug and Play
Allison Romero
Tel.: +1 408 524 1457
Email: allison@pnptc.com

Original-Content von: Wirecard AG, übermittelt durch news aktuell