Wirecard signs cooperation agreement with Softbank's Brightstar

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Wirecard signs cooperation agreement with Softbank's Brightstar
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Wirecard has signed a memorandum of understanding with Softbank's ...

) Brightstar and anticipates “significant transaction volume” out of the deal, the German fintech announced on Monday.

Under the agreement, digital financial services via a Brightstar platform are expected to be handled by Wirecard as the preferred payment service provider, Wirecard said.The company said that its strategic partner Softbank introduced it to its U.S.-based unit Brightstar, which provides wireless telecommunications solutions for logistical services and supply chain management.

“Together, we expect to bring a variety of new solutions to the mobile services market on a global scale and we anticipate significant transaction volume out of this deal,” Wirecard said in a statement.

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