Tag: Heidelpay

Protected: Operation “Chargeback”: Unzer Founder Arrested Over Fraud and Money Laundering Investigation

Germany tamir - November 7, 2025

German investigators have dismantled an international network of online credit card fraud and money laundering as part of the large-scale operation “Chargeback.” Among those arrested, according to German media reports, is Unzer founder Mirko Hüllemann, who is under investigation for suspected fraud and money laundering.

FinTech in Troubles: Unzer’s Financial Turbulence and Restructuring Efforts

Fintech tamir - January 12, 2024

In a startling revelation for the fintech sector, Berlin-based payment service provider Unzer, previously known as Heidelpay, reported a staggering loss of €381 million in 2022. This figure notably surpasses the company's turnover, highlighting deep-rooted financial challenges. According to the recently published annual report, turnover amounted to just under €200 million, around 30% below the target figure the company set itself.

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