Ayelet Fruchtlander Knoechelmann

December 13, 2022

Wirecard Trial: They Surely Had A Third-Party Acquiring Network!

In the second day of the Wirecard trial, defense attorneys delivered their opening statements. As expected, the defense attorney of former CEO Markus Braun argued that the controversial Third-Party-Acquiring (TPA) had taken place. On the other hand, the defense counsel of Oliver Bellenhaus, who is the prosecution's key witness, claimed that the TPA businessdid not exist. We are certain that the largely dirty TPA business did exist and that many illegal transactions and scams were conducted via it.

High-risk payment processors

November 1, 2022

The Untold Story From Wirecard And Powercash21 To Payabl

The Powercash21 scheme is already over 20 years old and was created parallel to the collapsed Wirecard. At that time, the buzzword fintech was not even known. The domain www.powercash21.com was registered in 2000 by Ruediger Trautmann even before he became COO of Wirecard in 2005. From 2001, the website was operated by the German Inatec Group. Among others, the former Wirecard manager Dietmar Kuhl acted as managing director at Inatec. In or around 2011, the Cyprus-registered Powercash21 Limited then took over the website's operation.

October 7, 2022

Impressive! Payment Processor Payabl Numbers Exploded Powered By Adult Business And Gambling!

The Similarweb September statistics came out and show that the number of visitors to the website of Cypriot-German payment processor Payabl (formerly PowerCash21) increased tenfold in Q3 2022 - from just under 15,000 to almost 140,000. Similarweb says that more than 55% of website traffic has been sourced from porn sites and just under 35% from gambling, betting, and lottery sites. Payabl is thus likely to have replaced the collapsed Wirecard in Germany as the high-risk payment processor, Similarweb suggests!

Fintech

October 3, 2022

Payabl Investment Klarpay Proudly Announced Its Q3 2022 Milestones!

Klarpay is a FINMA-regulated FinTech and received an investment from Payabl Group a few months ago. The latter was founded by former Wirecard executives Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander-Knoechelmann. Klarpay announced that in Q3 it became a Principal Member of the VISA network and integrated Visa’s B2B Connect, which enables Klarpay’s business customers to perform cross-currency outbound payments. And it introduced Apple Pay.

Fintech

September 30, 2022

Swiss-Cyprus Payabl Investment Klarpay Seems To Grow Fast In Turkey!

A few months ago, the Cyprus-based Payabl. (formerly PowerCash21) founded by former Wirecard managers Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander Knoechelmann, led a CHF 3 million investment in the Swiss FINMA-regulated Klarpay AG. Key people of Klarpay are based in Cyprus, and Turkey is probably the most important market according to the latest Similarweb statistics. Klarpay appears as a BDSwiss spin-off, with most of its key executives having worked for the CySEC-regulated broker.

September 21, 2022

The Fight Of Former Wirecard Managers Against FinTelegram!

While new money laundering allegations against the Wirecard scheme put the collapsed German fintech into the limelight again, the business of former Wirecard managers and partners seems to flourish. Around 2010, former Wirecard managers and partners Ruediger Trautmann, Dietmar Knoechelmann, his wife Ayelet Fruchtlander Knoechelmann, together with Frank Schoonbaert, and Nissim Zarfati established Payabl Group (previously PowerCash21). Here is another update!

Tag: Ayelet Fruchtlander Knoechelmann