Wirecard joins Retailtech Hub - powered by MediaMarktSaturn and Plug and Play - to empower future commerce innovation

Aschheim (Munich) (ots) -

- Retailtech Hub brings together startups and established digital
leaders such as Wirecard to test and pilot new technologies and
digital business models
- Partnership underlines Wirecard's commitment to shaping the
future of digital commerce

Aschheim (Munich). Wirecard, the global innovation leader for
digital financial technology, today announced it is partnering with
Retailtech Hub, a digital innovation platform powered by
MediaMarktSaturn and the global startup ecosystem Plug and Play.
Retailtech Hub brings together startups, retailers, major consumer
brands, suppliers and investors with the aim of empowering the next
generation of retail technology innovation. Amongst the retail
partners are market leaders such as Lidl and s.Oliver.

Retailtech Hub was launched in 2017 and concentrates on
identifying, piloting and bringing innovation to the world of
commerce. Its mission is to facilitate an open experience exchange
between corporate partners as well as manage a mentoring program
concentrating on startup business development and expansion. The
initiative focuses on all topics along the commerce and retail value
chain.

The cooperation focuses on the digital transformation in global
trade. Through partnerships and cooperations, Retailtech Hub ensures
that retailers and their partners optimize their core strategies for
the challenges of digital change. Payment and financial products as
well as data analytics based on payment flows play a central role in
this.

"One of our core goals at Wirecard is to encourage innovation and
shape the future of financial commerce. The cooperation with
MediaMarktSaturn and Plug and Play offers us exciting ways to
establish new business models and further develop innovative
technologies. The objective is to always provide momentum for growth
in the global portfolio of the Wirecard platform," said Jörn
Leogrande, EVP Wirecard Labs.

"In a time where payment plays such an important role for the
customer, we are delighted to welcome Wirecard as a new partner. Our
aim is to change the world of commerce with the best startups and
digital-driven corporations. As a global innovation leader for
digital financial technology, Wirecard is a perfect fit and we look
forward to their influence and guidance as we introduce them to
exciting new companies and technologies," added Thorsten Marquardt,
Managing Director of the Retailtech Hub.

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 Retailtech Hub:

The Retailtech Hub is an innovation platform bringing together
retailers, brands and selected startups to test and pilot new
technologies and digital business models. It was launched in August
2017 and is made possible by the MediaMarktSaturn Retail Group in
cooperation with Plug and Play Tech Center from Silicon Valley and
partners like Schwarz Group (the parent company of Lidl and
Kaufland), property management company Aachener Grundvermögen,
s.Oliver Group, Albert Heijn B.V., ANWR GROUP and now Wirecard. The
core elements are a three-month mentoring program with special
emphasis on business development and concrete pilot projects. In
addition, the Retailtech Hub is a network for open communication
between companies from and serving the retail sector anywhere in the
world. www.retailtechhub.com

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

Retailtech Hub media contact:
Retailtech Hub/ MediaMarktSaturn
Monika Pietkun
Tel.: +49 (0) 151 5822 4874
Email: pietkunm@mediamarktsaturn.com

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