LSP advises Wirecard on cooperation with FinTech Xolo

LSP advised Wirecard Bank AG (Wirecard) on various banking and payment law related aspects of its cooperation with the Estonian FinTech Xolo (formely named LeapIN). Xolo has developed an online B2B-platform aiming to facilitate the setting up and operation of SMEs, with a particular focus on standard banking, accounting, tax and compliance related tasks. The platform currently has approx. 30,000 users. Wirecard renders through its API solutions banking and payment related services to Xolo-users.