From a €24B market cap in 2021… to under €1B this week.
€500M of value erased in a single day.
Why? Because the system protects itself, until it can’t anymore.
A joint investigation by 20+ European media outlets revealed that Worldline, Europe’s largest payment processor, knowingly enabled fraudulent payments for years.
Internal documents show they onboarded “questionable” clients; porn, gambling, shady dating sites and ignored red flags from risk teams.
Why? Because those clients were “too profitable to drop.”
When Visa raised concerns, Worldline moved high-risk clients across borders to hide them.
Dutch regulators flagged failures in KYC screening.
German authorities imposed restrictions.
But the rot was already deep.
This is about a broken system where intermediaries can hide the truth.
Where profits outweigh ethics.
Where fraud gets buried until someone talks.
And this is exactly one of the reasons why we built Innopay!
On blockchain rails, you can’t “look the other way.”
There are no quiet boardroom decisions, no shell game with subsidiaries.
Just peer-to-peer payments, fully visible and tamper-proof.
Compliance by design.
Transparency by default.
Sunlight is the best disinfectant.
And blockchain is sunlight.
The legacy system is showing its cracks.
Time to build better rails, for a cleaner economy. 🧡
